Last week’s wheat export shipments pace was estimated at 16.0 MB. After 48 weeks, wheat shipments were at 91% of USDA’s expectations vs. 89% last year. With 4 weeks left in wheat’s export marketing year, shipments need to average 20.2 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 79.8 MB. After 35 weeks, corn shipments were at 66% of USDA’s expectations vs. 59% last year. With 17 weeks left in corn’s export marketing year, shipments need to average 65.6 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 16.5 MB. After 35 weeks, soybean shipments were at 79% of USDA’s expectations vs. 85% last year. With 17 weeks left in soybeans’ export marketing year, shipments need to average 18.7 MB to make USDA’s projection of 1.540 BB.
