Last week’s wheat export shipments pace was estimated at 9.1 MB. After 41 weeks, wheat shipments were at 75% of USDA’s expectations vs. 74% last year. With 11 weeks left in wheat’s export marketing year, shipments need to average 17.3 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 39.3 MB. After 27 weeks, corn shipments were at 35% of USDA’s expectations vs. 41% last year. With 25 weeks left in corn’s export marketing year, shipments need to average 48.3 MB to make USDA’s projection of 1.850 BB.
Last week’s soybean export shipments pace was estimated at 22.7 MB. After 27 weeks, soybean shipments were at 79% of USDA’s expectations vs. 72% last year. With 25 weeks left in soybean’s export marketing year, shipments need to average 16.9 MB to make USDA’s projection of 2.015 BB.
