Last week’s wheat export shipments pace was estimated at 12.3 MB. After 44 weeks, wheat shipments were at 84% of USDA’s expectations vs. 77% last year. With 18 weeks left in wheat’s export marketing year, shipments need to average 15.6 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 78.8 MB. After 31 weeks, corn shipments were at 58% of USDA’s expectations vs. 47% last year. With 21 weeks left in corn’s export marketing year, shipments need to average 63.3 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 28.6 MB. After 31 weeks, soybean shipments were at 72% of USDA’s expectations vs. 80% last year. With 21 weeks left in soybeans’ export marketing year, shipments need to average 20.4 MB to make USDA’s projection of 1.575 BB.
