Last week’s wheat export shipments pace was estimated at 10.6 MB. After 8 weeks, wheat shipments were at 14% of USDA’s expectations vs. 14% last year. With 44 weeks left in wheat’s export marketing year, shipments need to average 15.2 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 59.9 MB. After 47 weeks, corn shipments were at 86% of USDA’s expectations vs. 82% last year. With 5 weeks left in corn’s export marketing year, shipments need to average 74.9 MB to make USDA’s projection of 2.750 BB.
Last week’s soybean export shipments pace was estimated at 15.1 MB. After 47 weeks, soybean shipments were at 93% of USDA’s expectations vs. 92% last year. With 5 weeks left in soybean’s export marketing year, shipments need to average 26.1 MB to make USDA’s projection of 1.865 BB.
