Last week’s wheat export shipments pace was estimated at 13.4 MB. After 47 weeks, wheat shipments were at 89% of USDA’s expectations vs. 87% last year. With 5 weeks left in wheat’s export marketing year, shipments need to average 19.4 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 64.7 MB. After 34 weeks, corn shipments were at 64% of USDA’s expectations vs. 56% last year. With 18 weeks left in corn’s export marketing year, shipments need to average 66.4 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 12.1 MB. After 34 weeks, soybean shipments were at 78% of USDA’s expectations vs. 84% last year. With 18 weeks left in soybeans’ export marketing year, shipments need to average 18.6 MB to make USDA’s projection of 1.540 BB.
