Last week’s wheat export shipments pace was estimated at 9.4 MB. After 3 weeks, wheat shipments were at 4% of USDA’s expectations vs. 5% last year. With 49 weeks left in wheat’s export marketing year, shipments need to average 16.2 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 58.1 MB. After 42 weeks, corn shipments were at 80% of USDA’s expectations vs. 72% last year. With 10 weeks left in corn’s export marketing year, shipments need to average 54.2 MB to make USDA’s projection of 2.650 BB.
Last week’s soybean export shipments pace was estimated at 7.1 MB. After 42 weeks, soybean shipments were at 91% of USDA’s expectations vs. 89% last year. With 10 weeks left in soybean’s export marketing year, shipments need to average 17.4 MB to make USDA’s projection of 1.850 BB.
