Last week’s wheat export shipments pace was estimated at 8.3 MB. After 27 weeks, wheat shipments were at 50% of USDA’s expectations vs. 44% last year. With 25 weeks left in wheat’s export marketing year, shipments need to average 16.5 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 41.3 MB. After 14 weeks, corn shipments were at 21% of USDA’s expectations vs. 17% last year. With 38 weeks left in corn’s export marketing year, shipments need to average 48.6 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export shipments pace was estimated at 59.6 MB. After 14 weeks, soybean shipments were at 47% of USDA’s expectations vs. 44% last year. With 38 weeks left in soybean’s export marketing year, shipments need to average 25.4 MB to make USDA’s projection of 1.825 BB.
