Last week’s wheat export shipments pace was estimated at 34.8 MB. After 12 weeks, wheat shipments were at 24% of USDA’s expectations vs. 23% last year. With 40 weeks left in wheat’s export marketing year, shipments need to average 16.6 MB to make USDA’s projection of 875 MB.
Last week’s corn export shipments pace was estimated at 51.4 MB. After 51 weeks, corn shipments were at 91% of USDA’s expectations vs. 89% last year. With 1 week left in corn’s export marketing year, shipments need to average 240.3 MB to make USDA’s projection of 2.820 BB.
Last week’s soybean export shipments pace was estimated at 14.1 MB. After 51 weeks, soybean shipments were at 97% of USDA’s expectations vs. 96% last year. With 1 week left in soybean’s export marketing year, shipments need to average 64.3 MB to make USDA’s projection of 1.875 BB.
