Last week’s wheat export shipments pace was estimated at 20.6 MB. After 51 weeks, wheat shipments were at 95% of USDA’s expectations vs. 95% last year. With 1 week left in wheat’s export marketing year, shipments need to average 38.4 MB to make USDA’s projection of 820 MB.
Last week’s corn export shipments pace was estimated at 55.0 MB. After 38 weeks, corn shipments were at 71% of USDA’s expectations vs. 63% last year. With 14 weeks left in corn’s export marketing year, shipments need to average 53.6 MB to make USDA’s projection of 2.600 BB.
Last week’s soybean export shipments pace was estimated at 7.2 MB. After 38 weeks, soybean shipments were at 88% of USDA’s expectations vs. 86% last year. With 14 weeks left in soybean’s export marketing year, shipments need to average 15.8 MB to make USDA’s projection of 1.850 BB.
