Last week’s wheat export shipments pace was estimated at 13.4 MB. After 43 weeks, wheat shipments were at 83% of USDA’s expectations vs. 77% last year. With 19 weeks left in wheat’s export marketing year, shipments need to average 17.1 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 70.5 MB. After 30 weeks, corn shipments were at 55% of USDA’s expectations vs. 47% last year. With 22 weeks left in corn’s export marketing year, shipments need to average 67.0 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 21.5 MB. After 30 weeks, soybean shipments were at 69% of USDA’s expectations vs. 80% last year. With 22 weeks left in soybeans’ export marketing year, shipments need to average 21.8 MB to make USDA’s projection of 1.575 BB.
