Last week’s wheat export shipments pace was estimated at 13.8 MB. After 37 weeks, wheat shipments were at 72% of USDA’s expectations vs. 66% last year. With 15 weeks left in wheat’s export marketing year, shipments need to average 16.6 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 58.8 MB. After 24 weeks, corn shipments were at 43% of USDA’s expectations vs. 34% last year. With 28 weeks left in corn’s export marketing year, shipments need to average 67.6 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 44.2 MB. After 24 weeks, soybean shipments were at 57% of USDA’s expectations vs. 70% last year. With 28 weeks left in soybeans’ export marketing year, shipments need to average 24.3 MB to make USDA’s projection of 1.575 BB.
