Last week’s wheat export shipments pace was estimated at 9.6 MB. After 33 weeks, wheat shipments were at 57% of USDA’s expectations vs. 56% last year. With 19 weeks left in wheat’s export marketing year, shipments need to average 19.1 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 60.7 MB. After 20 weeks, corn shipments were at 31% of USDA’s expectations vs. 25% last year. With 32 weeks left in corn’s export marketing year, shipments need to average 52.9 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 35.8 MB. After 20 weeks, soybean shipments were at 65% of USDA’s expectations vs. 58% last year. With 32 weeks left in soybean’s export marketing year, shipments need to average 19.9 MB to make USDA’s projection of 1.825 BB.
