Last week’s wheat export shipments pace was estimated at 8.9 MB. After 50 weeks, wheat shipments were at 89% of USDA’s expectations vs. 89% last year. With 2 weeks left in wheat’s export marketing year, shipments need to average 43.7 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 46.2 MB. After 36 weeks, corn shipments were at 58% of USDA’s expectations vs. 62% last year. With 16 weeks left in corn’s export marketing year, shipments need to average 46.8 MB to make USDA’s projection of 1.775 BB.
Last week’s soybean export shipments pace was estimated at 5.4 MB. After 36 weeks, soybean shipments were at 88% of USDA’s expectations vs. 83% last year. With 16 weeks left in soybean’s export marketing year, shipments need to average 15.7 MB to make USDA’s projection of 2.015 BB.
