Last week’s wheat export shipments pace was estimated at 12.0 MB. After 35 weeks, wheat shipments were at 68% of USDA’s expectations vs. 63% last year. With 17 weeks left in wheat’s export marketing year, shipments need to average 16.9 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 44.7 MB. After 22 weeks, corn shipments were at 40% of USDA’s expectations vs. 30% last year. With 30 weeks left in corn’s export marketing year, shipments need to average 63.9 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 48.2 MB. After 22 weeks, soybean shipments were at 51% of USDA’s expectations vs. 67% last year. With 30 weeks left in soybeans’ export marketing year, shipments need to average 25.6 MB to make USDA’s projection of 1.575 BB.
