Last week’s wheat export shipments pace was estimated at 15.5 MB. After 10 weeks, wheat shipments were at 16% of USDA’s expectations vs. 18% last year. With 42 weeks left in wheat’s export marketing year, shipments need to average 15.5 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 68.5 MB. After 49 weeks, corn shipments were at 94% of USDA’s expectations vs. 87% last year. With 3 weeks left in corn’s export marketing year, shipments need to average 71.4 MB to make USDA’s projection of 3.325 BB.
Last week’s soybean export shipments pace was estimated at 14.7 MB. After 49 weeks, soybean shipments were at 96% of USDA’s expectations vs. 94% last year. With 3 weeks left in soybeans’ export marketing year, shipments need to average 19.8 MB to make USDA’s projection of 1.520 BB.
