Last week’s wheat export shipments pace was estimated at 16.8 MB. After 42 weeks, wheat shipments were at 81% of USDA’s expectations vs. 75% last year. With 10 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 66.9 MB. After 29 weeks, corn shipments were at 53% of USDA’s expectations vs. 45% last year. With 23 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 40.5 MB. After 29 weeks, soybean shipments were at 68% of USDA’s expectations vs. 78% last year. With 23 weeks left in soybeans’ export marketing year, shipments need to average 21.9 MB to make USDA’s projection of 1.575 BB.
