Last week’s wheat export shipments pace was estimated at 7.9 MB. After 40 weeks, wheat shipments were at 69% of USDA’s expectations vs. 70% last year. With 12 weeks left in wheat’s export marketing year, shipments need to average 22.3 MB to make USDA’s projection of 850 MB.
Last week’s corn export shipments pace was estimated at 71.6 MB. After 27 weeks, corn shipments were at 47% of USDA’s expectations vs. 38% last year. With 25 weeks left in corn’s export marketing year, shipments need to average 52.2 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 31.0 MB. After 27 weeks, soybean shipments were at 77% of USDA’s expectations vs. 75% last year. With 25 weeks left in soybean’s export marketing year, shipments need to average 16.5 MB to make USDA’s projection of 1.825 BB.
