Last week’s wheat export shipments pace was estimated at 7.9 MB. After 7 weeks, wheat shipments were at 10% of USDA’s expectations vs. 12% last year. With 45 weeks left in wheat’s export marketing year, shipments need to average 15.5 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 61.0 MB. After 46 weeks, corn shipments were at 87% of USDA’s expectations vs. 81% last year. With 6 weeks left in corn’s export marketing year, shipments need to average 70.1 MB to make USDA’s projection of 3.325 BB.
Last week’s soybean export shipments pace was estimated at 10.9 MB. After 46 weeks, soybean shipments were at 93% of USDA’s expectations vs. 91% last year. With 6 weeks left in soybeans’ export marketing year, shipments need to average 16.9 MB to make USDA’s projection of 1.520 BB.
