Last week’s wheat export shipments pace was estimated at 8.2 MB. After 50 weeks, wheat shipments were at 93% of USDA’s expectations vs. 90% last year. With 2 weeks left in wheat’s export marketing year, shipments need to average 30.6 MB to make USDA’s projection of 910 MB.
Last week’s corn export shipments pace was estimated at 54.3 MB. After 37 weeks, corn shipments were at 70% of USDA’s expectations vs. 62% last year. With 15 weeks left in corn’s export marketing year, shipments need to average 66.3 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 17.8 MB. After 37 weeks, soybean shipments were at 83% of USDA’s expectations vs. 88% last year. With 15 weeks left in soybeans’ export marketing year, shipments need to average 17.6 MB to make USDA’s projection of 1.530 BB.
