Last week’s wheat export shipments pace was estimated at 11.8 MB. After 45 weeks, wheat shipments were at 86% of USDA’s expectations vs. 82% last year. With 7 weeks left in wheat’s export marketing year, shipments need to average 17.2 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 70.2 MB. After 32 weeks, corn shipments were at 60% of USDA’s expectations vs. 52% last year. With 20 weeks left in corn’s export marketing year, shipments need to average 66.1 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 29.9 MB. After 32 weeks, soybean shipments were at 75% of USDA’s expectations vs. 82% last year. With 20 weeks left in soybeans’ export marketing year, shipments need to average 19.1 MB to make USDA’s projection of 1.540 BB.
