Last week’s wheat export shipments pace was estimated at 16.0 MB. After 4 weeks, wheat shipments were at 6% of USDA’s expectations vs. 6% last year. With 48 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 53.9 MB. After 43 weeks, corn shipments were at 82% of USDA’s expectations vs. 73% last year. With 9 weeks left in corn’s export marketing year, shipments need to average 54.1 MB to make USDA’s projection of 2.650 BB.
Last week’s soybean export shipments pace was estimated at 8.3 MB. After 43 weeks, soybean shipments were at 91% of USDA’s expectations vs. 90% last year. With 9 weeks left in soybean’s export marketing year, shipments need to average 18.4 MB to make USDA’s projection of 1.850 BB.
