Last week’s wheat export shipments pace was estimated at 12.3 MB. After 2 weeks, wheat shipments were at 3% of USDA’s expectations vs. 2% last year. With 50 weeks left in wheat’s export marketing year, shipments need to average 15.1 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 64.4 MB. After 41 weeks, corn shipments were at 78% of USDA’s expectations vs. 72% last year. With 11 weeks left in corn’s export marketing year, shipments need to average 67.4 MB to make USDA’s projection of 3.325 BB.
Last week’s soybean export shipments pace was estimated at 19.2 MB. After 41 weeks, soybean shipments were at 89% of USDA’s expectations vs. 89% last year. With 11 weeks left in soybeans’ export marketing year, shipments need to average 15.0 MB to make USDA’s projection of 1.510 BB.
