Last week’s wheat export shipments pace was estimated at 21.3 MB. After 36 weeks, wheat shipments were at 71% of USDA’s expectations vs. 65% last year. With 16 weeks left in wheat’s export marketing year, shipments need to average 16.5 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 51.5 MB. After 23 weeks, corn shipments were at 42% of USDA’s expectations vs. 32% last year. With 29 weeks left in corn’s export marketing year, shipments need to average 64.3 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 41.7 MB. After 23 weeks, soybean shipments were at 54% of USDA’s expectations vs. 69% last year. With 29 weeks left in soybeans’ export marketing year, shipments need to average 25.0 MB to make USDA’s projection of 1.575 BB.
