Last week’s wheat export shipments pace was estimated at 11.1 MB. After 30 weeks, wheat shipments were at 61% of USDA’s expectations vs. 54% last year. With 22 weeks left in wheat’s export marketing year, shipments need to average 15.8 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 51.2 MB. After 17 weeks, corn shipments were at 31% of USDA’s expectations vs. 21% last year. With 35 weeks left in corn’s export marketing year, shipments need to average 62.7 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 27.6 MB. After 17 weeks, soybean shipments were at 35% of USDA’s expectations vs. 55% last year. With 35 weeks left in soybeans’ export marketing year, shipments need to average 30.6 MB to make USDA’s projection of 1.635 BB.
