Last week’s wheat export shipments pace was estimated at 14.5 MB. After 8 weeks, wheat shipments were at 12% of USDA’s expectations vs. 13% last year. With 44 weeks left in wheat’s export marketing year, shipments need to average 15.5 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 58.6 MB. After 47 weeks, corn shipments were at 89% of USDA’s expectations vs. 83% last year. With 5 weeks left in corn’s export marketing year, shipments need to average 71.9 MB to make USDA’s projection of 3.325 BB.
Last week’s soybean export shipments pace was estimated at 12.8 MB. After 47 weeks, soybean shipments were at 94% of USDA’s expectations vs. 92% last year. With 5 weeks left in soybeans’ export marketing year, shipments need to average 17.5 MB to make USDA’s projection of 1.520 BB.
