Last week’s wheat export shipments pace was estimated at 12.6 MB. After 39 weeks, wheat shipments were at 76% of USDA’s expectations vs. 70% last year. With 13 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 73.2 MB. After 26 weeks, corn shipments were at 47% of USDA’s expectations vs. 38% last year. With 26 weeks left in corn’s export marketing year, shipments need to average 66.9 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 41.8 MB. After 26 weeks, soybean shipments were at 61% of USDA’s expectations vs. 73% last year. With 26 weeks left in soybeans’ export marketing year, shipments need to average 23.6 MB to make USDA’s projection of 1.575 BB.
