Last week’s wheat export shipments pace was estimated at 13.4 MB. After 10 weeks, wheat shipments were at 19% of USDA’s expectations vs. 19% last year. With 42 weeks left in wheat’s export marketing year, shipments need to average 16.4 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 58.7 MB. After 49 weeks, corn shipments were at 90% of USDA’s expectations vs. 85% last year. With 3 weeks left in corn’s export marketing year, shipments need to average 88.3 MB to make USDA’s projection of 2.750 BB.
Last week’s soybean export shipments pace was estimated at 19.0 MB. After 49 weeks, soybean shipments were at 95% of USDA’s expectations vs. 94% last year. With 3 weeks left in soybean’s export marketing year, shipments need to average 29.3 MB to make USDA’s projection of 1.865 BB.
