Last week’s wheat export shipments pace was estimated at 13.2 MB. After 4 weeks, wheat shipments were at 6% of USDA’s expectations vs. 5% last year. With 48 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 70.3 MB. After 43 weeks, corn shipments were at 82% of USDA’s expectations vs. 76% last year. With 9 weeks left in corn’s export marketing year, shipments need to average 68.1 MB to make USDA’s projection of 3.325 BB.
Last week’s soybean export shipments pace was estimated at 15.4 MB. After 43 weeks, soybean shipments were at 91% of USDA’s expectations vs. 90% last year. With 9 weeks left in soybeans’ export marketing year, shipments need to average 15.5 MB to make USDA’s projection of 1.510 BB.
