Last week’s wheat export shipments pace was estimated at 14.1 MB. After 26 weeks, wheat shipments were at 54% of USDA’s expectations vs. 49% last year. With 26 weeks left in wheat’s export marketing year, shipments need to average 15.9 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 56.0 MB. After 13 weeks, corn shipments were at 24% of USDA’s expectations vs. 15% last year. With 39 weeks left in corn’s export marketing year, shipments need to average 59.7 MB to make USDA’s projection of 3.075 BB.
Last week’s soybean export shipments pace was estimated at 33.8 MB. After 13 weeks, soybean shipments were at 27% of USDA’s expectations vs. 43% last year. With 39 weeks left in soybeans’ export marketing year, shipments need to average 30.7 MB to make USDA’s projection of 1.635 BB.
