Last week’s wheat export shipments pace was estimated at 18.2 MB. After 40 weeks, wheat shipments were at 78% of USDA’s expectations vs. 71% last year. With 12 weeks left in wheat’s export marketing year, shipments need to average 16.4 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 59.7 MB. After 27 weeks, corn shipments were at 49% of USDA’s expectations vs. 40% last year. With 25 weeks left in corn’s export marketing year, shipments need to average 67.1 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 32.3 MB. After 27 weeks, soybean shipments were at 63% of USDA’s expectations vs. 75% last year. With 25 weeks left in soybeans’ export marketing year, shipments need to average 23.2 MB to make USDA’s projection of 1.575 BB.
