Last week’s wheat export shipments pace was estimated at 12.6 MB. After 14 weeks, wheat shipments were at 24% of USDA’s expectations vs. 29% last year. With 38 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 65.5 MB. After 1 week, corn shipments were at 1% of USDA’s expectations vs. 1% last year. With 51 weeks left in corn’s export marketing year, shipments need to average 63.7 MB to make USDA’s projection of 3.275 BB.
Last week’s soybean export shipments pace was estimated at 15.5 MB. After 1 week, soybean shipments were at 1% of USDA’s expectations vs. 1% last year. With 51 weeks left in soybeans’ export marketing year, shipments need to average 32.4 MB to make USDA’s projection of 1.660 BB.
