Last week’s wheat export shipments pace was estimated at 15.2 MB. After 31 weeks, wheat shipments were at 55% of USDA’s expectations vs. 53% last year. With 21 weeks left in wheat’s export marketing year, shipments need to average 18.2 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 33.4 MB. After 18 weeks, corn shipments were at 26% of USDA’s expectations vs. 22% last year. With 34 weeks left in corn’s export marketing year, shipments need to average 54.0 MB to make USDA’s projection of 2.475 BB.
Last week’s soybean export shipments pace was estimated at 47.2 MB. After 18 weeks, soybean shipments were at 60% of USDA’s expectations vs. 53% last year. With 34 weeks left in soybean’s export marketing year, shipments need to average 21.3 MB to make USDA’s projection of 1.825 BB.
