Last week’s wheat export shipments pace was estimated at 4.9 MB. After 5 weeks, wheat shipments were at 7% of USDA’s expectations vs. 7% last year. With 47 weeks left in wheat’s export marketing year, shipments need to average 15.3 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 64.6 MB. After 44 weeks, corn shipments were at 84% of USDA’s expectations vs. 78% last year. With 8 weeks left in corn’s export marketing year, shipments need to average 68.3 MB to make USDA’s projection of 3.325 BB.
Last week’s soybean export shipments pace was estimated at 19.4 MB. After 44 weeks, soybean shipments were at 92% of USDA’s expectations vs. 90% last year. With 8 weeks left in soybeans’ export marketing year, shipments need to average 14.9 MB to make USDA’s projection of 1.510 BB.
