Last week’s wheat export shipments pace was estimated at 19.7 MB. After 36 weeks, wheat shipments were at 63% of USDA’s expectations vs. 61% last year. With 16 weeks left in wheat’s export marketing year, shipments need to average 19.7 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 52.5 MB. After 23 weeks, corn shipments were at 37% of USDA’s expectations vs. 30% last year. With 29 weeks left in corn’s export marketing year, shipments need to average 53.1 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 38.3 MB. After 23 weeks, soybean shipments were at 70% of USDA’s expectations vs. 67% last year. With 29 weeks left in soybean’s export marketing year, shipments need to average 18.3 MB to make USDA’s projection of 1.825 BB.
