Last week’s wheat export shipments pace was estimated at 17.9 MB. After 28 weeks, wheat shipments were at 58% of USDA’s expectations vs. 51% last year. With 24 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 57.2 MB. After 15 weeks, corn shipments were at 28% of USDA’s expectations vs. 18% last year. With 37 weeks left in corn’s export marketing year, shipments need to average 62.5 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 29.2 MB. After 15 weeks, soybean shipments were at 31% of USDA’s expectations vs. 49% last year. With 37 weeks left in soybeans’ export marketing year, shipments need to average 30.6 MB to make USDA’s projection of 1.635 BB.
