Last week’s wheat export shipments pace was estimated at 11.7 MB. After 32 weeks, wheat shipments were at 64% of USDA’s expectations vs. 58% last year. With 20 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 58.7 MB. After 19 weeks, corn shipments were at 35% of USDA’s expectations vs. 24% last year. With 33 weeks left in corn’s export marketing year, shipments need to average 63.1 MB to make USDA’s projection of 3.200 BB.
Last week’s soybean export shipments pace was estimated at 56.2 MB. After 19 weeks, soybean shipments were at 40% of USDA’s expectations vs. 61% last year. With 33 weeks left in soybeans’ export marketing year, shipments need to average 29.6 MB to make USDA’s projection of 1.635 BB.
