Last week’s wheat export shipments pace was estimated at 15.8 MB. After 13 weeks, wheat shipments were at 23% of USDA’s expectations vs. 27% last year. With 39 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 58.9 MB. After 51 weeks, corn shipments were at 97% of USDA’s expectations vs. 92% last year. With 1 week left in corn’s export marketing year, shipments need to average 100.7 MB to make USDA’s projection of 3.400 BB.
Last week’s soybean export shipments pace was estimated at 9.2 MB. After 51 weeks, soybean shipments were at 99% of USDA’s expectations vs. 97% last year. With 1 week left in soybeans’ export marketing year, shipments need to average 21.8 MB to make USDA’s projection of 1.520 BB.
