Last week’s wheat export shipments pace was estimated at 17.8 MB. After 42 weeks, wheat shipments were at 74% of USDA’s expectations vs. 74% last year. With 10 weeks left in wheat’s export marketing year, shipments need to average 21.6 MB to make USDA’s projection of 835 MB.
Last week’s corn export shipments pace was estimated at 57.6 MB. After 29 weeks, corn shipments were at 52% of USDA’s expectations vs. 42% last year. With 23 weeks left in corn’s export marketing year, shipments need to average 51.3 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 30.2 MB. After 29 weeks, soybean shipments were at 80% of USDA’s expectations vs. 79% last year. With 23 weeks left in soybean’s export marketing year, shipments need to average 15.6 MB to make USDA’s projection of 1.825 BB.
