Last week’s wheat export shipments pace was estimated at 10.7 MB. After 1 week, wheat shipments were at 1% of USDA’s expectations vs. 1% last year. With 51 weeks left in wheat’s export marketing year, shipments need to average 15.6 MB to make USDA’s projection of 800 MB.
Last week’s corn export shipments pace was estimated at 65.2 MB. After 40 weeks, corn shipments were at 76% of USDA’s expectations vs. 67% last year. With 12 weeks left in corn’s export marketing year, shipments need to average 51.6 MB to make USDA’s projection of 2.600 BB.
Last week’s soybean export shipments pace was estimated at 20.1 MB. After 40 weeks, soybean shipments were at 90% of USDA’s expectations vs. 88% last year. With 12 weeks left in soybean’s export marketing year, shipments need to average 15.8 MB to make USDA’s projection of 1.850 BB.
