Last week’s wheat export shipments pace was estimated at 6.8 MB. After 21 weeks, wheat shipments were at 36% of USDA’s expectations vs. 46% last year. With 31 weeks left in wheat’s export marketing year, shipments need to average 15.4 MB to make USDA’s projection of 750 MB.
Last week’s corn export shipments pace was estimated at 24.6 MB. After 8 weeks, corn shipments were at 12% of USDA’s expectations vs. 12% last year. With 44 weeks left in corn’s export marketing year, shipments need to average 66.3 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 91.0 MB. After 8 weeks, soybean shipments were at 21% of USDA’s expectations vs. 17% last year. With 44 weeks left in soybeans’ export marketing year, shipments need to average 30.4 MB to make USDA’s projection of 1.695 BB.
