Last week’s wheat export shipments pace was estimated at 9.2 MB. After 37 weeks, wheat shipments were at 64% of USDA’s expectations vs. 63% last year. With 15 weeks left in wheat’s export marketing year, shipments need to average 20.3 MB to make USDA’s projection of 850 MB.
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Last week’s corn export shipments pace was estimated at 63.4 MB. After 24 weeks, corn shipments were at 40% of USDA’s expectations vs. 31% last year. With 28 weeks left in corn’s export marketing year, shipments need to average 52.7 MB to make USDA’s projection of 2.450 BB.
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Last week’s soybean export shipments pace was estimated at 26.5 MB. After 24 weeks, soybean shipments were at 73% of USDA’s expectations vs. 70% last year. With 28 weeks left in soybean’s export marketing year, shipments need to average 17.9 MB to make USDA’s projection of 1.825 BB.
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