Last week’s wheat export shipments pace was estimated at 7.2 MB. After 24 weeks, wheat shipments were at 46% of USDA’s expectations vs. 41% last year. With 28 weeks left in wheat’s export marketing year, shipments need to average 15.9 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 32.3 MB. After 11 weeks, corn shipments were at 15% of USDA’s expectations vs. 12% last year. With 41 weeks left in corn’s export marketing year, shipments need to average 48.0 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export shipments pace was estimated at 79.6 MB. After 11 weeks, soybean shipments were at 35% of USDA’s expectations vs. 35% last year. With 41 weeks left in soybean’s export marketing year, shipments need to average 28.8 MB to make USDA’s projection of 1.825 BB.
