Last week’s wheat export shipments pace was estimated at 14.8 MB. After 29 weeks, wheat shipments were at 52% of USDA’s expectations vs. 49% last year. With 23 weeks left in wheat’s export marketing year, shipments need to average 17.9 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 44.2 MB. After 16 weeks, corn shipments were at 23% of USDA’s expectations vs. 20% last year. With 36 weeks left in corn’s export marketing year, shipments need to average 53.0 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export shipments pace was estimated at 64.2 MB. After 16 weeks, soybean shipments were at 54% of USDA’s expectations vs. 48% last year. With 36 weeks left in soybean’s export marketing year, shipments need to average 23.1 MB to make USDA’s projection of 1.825 BB.
