Last week’s wheat export shipments pace was estimated at 16.0 MB. After 43 weeks, wheat shipments were at 76% of USDA’s expectations vs. 77% last year. With 9 weeks left in wheat’s export marketing year, shipments need to average 22.2 MB to make USDA’s projection of 835 MB.
Last week’s corn export shipments pace was estimated at 63.6 MB. After 30 weeks, corn shipments were at 55% of USDA’s expectations vs. 45% last year. With 22 weeks left in corn’s export marketing year, shipments need to average 50.6 MB to make USDA’s projection of 2.450 BB.
Last week’s soybean export shipments pace was estimated at 29.1 MB. After 30 weeks, soybean shipments were at 82% of USDA’s expectations vs. 80% last year. With 22 weeks left in soybean’s export marketing year, shipments need to average 14.9 MB to make USDA’s projection of 1.825 BB.
