Last week’s wheat export shipments pace was estimated at 14.3 MB. After 2 weeks, wheat shipments were at 3% of USDA’s expectations vs. 3% last year. With 50 weeks left in wheat’s export marketing year, shipments need to average 16.1 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 65.9 MB. After 41 weeks, corn shipments were at 77% of USDA’s expectations vs. 70% last year. With 11 weeks left in corn’s export marketing year, shipments need to average 54.6 MB to make USDA’s projection of 2.650 BB.
Last week’s soybean export shipments pace was estimated at 7.9 MB. After 41 weeks, soybean shipments were at 90% of USDA’s expectations vs. 88% last year. With 11 weeks left in soybean’s export marketing year, shipments need to average 16.5 MB to make USDA’s projection of 1.850 BB.
