Last week’s wheat export shipments pace was estimated at 14.4 MB. After 33 weeks, wheat shipments were at 65% of USDA’s expectations vs. 59% last year. With 19 weeks left in wheat’s export marketing year, shipments need to average 16.5 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 58.4 MB. After 20 weeks, corn shipments were at 37% of USDA’s expectations vs. 27% last year. With 32 weeks left in corn’s export marketing year, shipments need to average 63.2 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 49.1 MB. After 20 weeks, soybean shipments were at 45% of USDA’s expectations vs. 63% last year. With 32 weeks left in soybeans’ export marketing year, shipments need to average 27.0 MB to make USDA’s projection of 1.575 BB.
