Last week’s wheat export shipments pace was estimated at 12.6 MB. After 41 weeks, wheat shipments were at 79% of USDA’s expectations vs. 73% last year. With 11 weeks left in wheat’s export marketing year, shipments need to average 16.8 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 65.3 MB. After 28 weeks, corn shipments were at 51% of USDA’s expectations vs. 42% last year. With 24 weeks left in corn’s export marketing year, shipments need to average 67.2 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 35.5 MB. After 28 weeks, soybean shipments were at 65% of USDA’s expectations vs. 76% last year. With 24 weeks left in soybeans’ export marketing year, shipments need to average 22.7 MB to make USDA’s projection of 1.575 BB.
