Last week’s wheat export shipments pace was estimated at 11.8 MB. After 1 week, wheat shipments were at 1% of USDA’s expectations vs. 1% last year. With 51 weeks left in wheat’s export marketing year, shipments need to average 15.0 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 75.2 MB. After 40 weeks, corn shipments were at 76% of USDA’s expectations vs. 69% last year. With 12 weeks left in corn’s export marketing year, shipments need to average 65.4 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 14.6 MB. After 40 weeks, soybean shipments were at 87% of USDA’s expectations vs. 88% last year. With 12 weeks left in soybeans’ export marketing year, shipments need to average 17.1 MB to make USDA’s projection of 1.530 BB.
