Last week’s wheat export shipments pace was estimated at 15.6 MB. After 12 weeks, wheat shipments were at 21% of USDA’s expectations vs. 24% last year. With 40 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 51.0 MB. After 51 weeks, corn shipments were at 95% of USDA’s expectations vs. 90% last year. With 1 week left in corn’s export marketing year, shipments need to average 160.7 MB to make USDA’s projection of 3.400 BB.
Last week’s soybean export shipments pace was estimated at 15.5 MB. After 51 weeks, soybean shipments were at 98% of USDA’s expectations vs. 96% last year. With 1 week left in soybeans’ export marketing year, shipments need to average 32.6 MB to make USDA’s projection of 1.520 BB.
