Last week’s wheat export shipments pace was estimated at 19.7 MB. After 38 weeks, wheat shipments were at 74% of USDA’s expectations vs. 68% last year. With 14 weeks left in wheat’s export marketing year, shipments need to average 16.4 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 78.9 MB. After 25 weeks, corn shipments were at 45% of USDA’s expectations vs. 36% last year. With 27 weeks left in corn’s export marketing year, shipments need to average 67.2 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 24.6 MB. After 25 weeks, soybean shipments were at 58% of USDA’s expectations vs. 71% last year. With 27 weeks left in soybeans’ export marketing year, shipments need to average 24.3 MB to make USDA’s projection of 1.575 BB.
