Last week’s wheat export shipments pace was estimated at 17.8 MB. After 34 weeks, wheat shipments were at 59% of USDA’s expectations vs. 57% last year. With 18 weeks left in wheat’s export marketing year, shipments need to average 19.1 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 49.1 MB. After 21 weeks, corn shipments were at 33% of USDA’s expectations vs. 27% last year. With 31 weeks left in corn’s export marketing year, shipments need to average 53.0 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 26.8 MB. After 21 weeks, soybean shipments were at 67% of USDA’s expectations vs. 60% last year. With 31 weeks left in soybean’s export marketing year, shipments need to average 19.7 MB to make USDA’s projection of 1.825 BB.
