Last week’s wheat export shipments pace was estimated at 12.9 MB. After 34 weeks, wheat shipments were at 67% of USDA’s expectations vs. 62% last year. With 18 weeks left in wheat’s export marketing year, shipments need to average 16.7 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 59.5 MB. After 21 weeks, corn shipments were at 39% of USDA’s expectations vs. 28% last year. With 31 weeks left in corn’s export marketing year, shipments need to average 58.9 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 48.7 MB. After 21 weeks, soybean shipments were at 48% of USDA’s expectations vs. 65% last year. With 31 weeks left in soybeans’ export marketing year, shipments need to average 26.3 MB to make USDA’s projection of 1.575 BB.
