Last week’s wheat export shipments pace was estimated at 18.8 MB. After 49 weeks, wheat shipments were at 93% of USDA’s expectations vs. 90% last year. With 3 weeks left in wheat’s export marketing year, shipments need to average 19.8 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 66.5 MB. After 36 weeks, corn shipments were at 68% of USDA’s expectations vs. 60% last year. With 16 weeks left in corn’s export marketing year, shipments need to average 65.5 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 24.1 MB. After 36 weeks, soybean shipments were at 81% of USDA’s expectations vs. 86% last year. With 16 weeks left in soybeans’ export marketing year, shipments need to average 18.2 MB to make USDA’s projection of 1.540 BB.
