Last week’s wheat export shipments pace was estimated at 11.2 MB. After 19 weeks, wheat shipments were at 34% of USDA’s expectations vs. 43% last year. With 33 weeks left in wheat’s export marketing year, shipments need to average 15.0 MB to make USDA’s projection of 750 MB.
Last week’s corn export shipments pace was estimated at 51.3 MB. After 6 weeks, corn shipments were at 10% of USDA’s expectations vs. 9% last year. With 46 weeks left in corn’s export marketing year, shipments need to average 64.9 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 40.3 MB. After 6 weeks, soybean shipments were at 11% of USDA’s expectations vs. 10% last year. With 46 weeks left in soybeans’ export marketing year, shipments need to average 32.7 MB to make USDA’s projection of 1.695 BB.
