Last week’s wheat export shipments pace was estimated at 8.8 MB. After 20 weeks, wheat shipments were at 35% of USDA’s expectations vs. 45% last year. With 32 weeks left in wheat’s export marketing year, shipments need to average 15.1 MB to make USDA’s projection of 750 MB.
Last week’s corn export shipments pace was estimated at 26.5 MB. After 7 weeks, corn shipments were at 11% of USDA’s expectations vs. 11% last year. With 45 weeks left in corn’s export marketing year, shipments need to average 65.3 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 73.6 MB. After 7 weeks, soybean shipments were at 16% of USDA’s expectations vs. 14% last year. With 45 weeks left in soybeans’ export marketing year, shipments need to average 31.8 MB to make USDA’s projection of 1.695 BB.
