Last week’s wheat export shipments pace was estimated at 11.4 MB. After 48 weeks, wheat shipments were at 89% of USDA’s expectations vs. 90% last year. With 4 weeks left in wheat’s export marketing year, shipments need to average 23.4 MB to make USDA’s projection of 820 MB.
Last week’s corn export shipments pace was estimated at 63.3 MB. After 35 weeks, corn shipments were at 66% of USDA’s expectations vs. 57% last year. With 17 weeks left in corn’s export marketing year, shipments need to average 51.5 MB to make USDA’s projection of 2.550 BB.
Last week’s soybean export shipments pace was estimated at 11.9 MB. After 35 weeks, soybean shipments were at 88% of USDA’s expectations vs. 85% last year. With 17 weeks left in soybean’s export marketing year, shipments need to average 13.4 MB to make USDA’s projection of 1.825 BB.
