Last week’s wheat export shipments pace was estimated at 14.5 MB. After 11 weeks, wheat shipments were at 20% of USDA’s expectations vs. 21% last year. With 41 weeks left in wheat’s export marketing year, shipments need to average 17.0 MB to make USDA’s projection of 875 MB.
Last week’s corn export shipments pace was estimated at 41.4 MB. After 50 weeks, corn shipments were at 90% of USDA’s expectations vs. 88% last year. With 2 weeks left in corn’s export marketing year, shipments need to average 145.9 MB to make USDA’s projection of 2.820 BB.
Last week’s soybean export shipments pace was estimated at 17.4 MB. After 50 weeks, soybean shipments were at 96% of USDA’s expectations vs. 95% last year. With 2 weeks left in soybean’s export marketing year, shipments need to average 39.7 MB to make USDA’s projection of 1.875 BB.
