Last week’s wheat export shipments pace was estimated at 23.8 MB. After 47 weeks, wheat shipments were at 87% of USDA’s expectations vs. 88% last year. With 5 weeks left in wheat’s export marketing year, shipments need to average 21.0 MB to make USDA’s projection of 820 MB.
Last week’s corn export shipments pace was estimated at 65.1 MB. After 34 weeks, corn shipments were at 63% of USDA’s expectations vs. 54% last year. With 18 weeks left in corn’s export marketing year, shipments need to average 52.2 MB to make USDA’s projection of 2.550 BB.
Last week’s soybean export shipments pace was estimated at 16.1 MB. After 34 weeks, soybean shipments were at 87% of USDA’s expectations vs. 84% last year. With 18 weeks left in soybean’s export marketing year, shipments need to average 13.4 MB to make USDA’s projection of 1.825 BB.
