Last week’s wheat export shipments pace was estimated at 13.5 MB. After 51 weeks, wheat shipments were at 95% of USDA’s expectations vs. 95% last year. With 1 week left in wheat’s export marketing year, shipments need to average 47.3 MB to make USDA’s projection of 910 MB.
Last week’s corn export shipments pace was estimated at 62.3 MB. After 38 weeks, corn shipments were at 72% of USDA’s expectations vs. 65% last year. With 14 weeks left in corn’s export marketing year, shipments need to average 66.5 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 21.0 MB. After 38 weeks, soybean shipments were at 84% of USDA’s expectations vs. 87% last year. With 14 weeks left in soybeans’ export marketing year, shipments need to average 17.1 MB to make USDA’s projection of 1.530 BB.
