Last week’s wheat export shipments pace was estimated at 14.5 MB. After 27 weeks, wheat shipments were at 56% of USDA’s expectations vs. 50% last year. With 25 weeks left in wheat’s export marketing year, shipments need to average 16.0 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 57.2 MB. After 14 weeks, corn shipments were at 26% of USDA’s expectations vs. 17% last year. With 38 weeks left in corn’s export marketing year, shipments need to average 59.5 MB to make USDA’s projection of 3.075 BB.
Last week’s soybean export shipments pace was estimated at 37.4 MB. After 14 weeks, soybean shipments were at 29% of USDA’s expectations vs. 46% last year. With 39 weeks left in soybeans’ export marketing year, shipments need to average 30.6 MB to make USDA’s projection of 1.635 BB.
