Last week’s wheat export shipments pace was estimated at 9.3 MB. After 35 weeks, wheat shipments were at 61% of USDA’s expectations vs. 59% last year. With 17 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 49.3 MB. After 22 weeks, corn shipments were at 35% of USDA’s expectations vs. 28% last year. With 30 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 37.2 MB. After 22 weeks, soybean shipments were at 69% of USDA’s expectations vs. 64% last year. With 30 weeks left in soybean’s export marketing year, shipments need to average 19.1 MB to make USDA’s projection of 1.825 BB.
