Last week’s wheat export shipments pace was estimated at 6.7 MB. After 31 weeks, wheat shipments were at 62% of USDA’s expectations vs. 57% last year. With 21 weeks left in wheat’s export marketing year, shipments need to average 16.2 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 47.5 MB. After 18 weeks, corn shipments were at 33% of USDA’s expectations vs. 22% last year. With 34 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 36.0 MB. After 18 weeks, soybean shipments were at 37% of USDA’s expectations vs. 59% last year. With 34 weeks left in soybeans’ export marketing year, shipments need to average 30.4 MB to make USDA’s projection of 1.635 BB.
