Last week’s wheat export shipments pace was estimated at 18.1 MB. After 11 weeks, wheat shipments were at 18% of USDA’s expectations vs. 19% last year. With 41 weeks left in wheat’s export marketing year, shipments need to average 15.4 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 75.2 MB. After 50 weeks, corn shipments were at 94% of USDA’s expectations vs. 88% last year. With 2 weeks left in corn’s export marketing year, shipments need to average 106.5 MB to make USDA’s projection of 3.400 BB.
Last week’s soybean export shipments pace was estimated at 9.9 MB. After 50 weeks, soybean shipments were at 97% of USDA’s expectations vs. 95% last year. With 2 weeks left in soybeans’ export marketing year, shipments need to average 24.5 MB to make USDA’s projection of 1.520 BB.
