Last week’s wheat export shipments pace was estimated at 13.2 MB. After 25 weeks, wheat shipments were at 48% of USDA’s expectations vs. 42% last year. With 27 weeks left in wheat’s export marketing year, shipments need to average 16.0 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 35.6 MB. After 12 weeks, corn shipments were at 17% of USDA’s expectations vs. 13% last year. With 40 weeks left in corn’s export marketing year, shipments need to average 48.3 MB to make USDA’s projection of 2.325 BB.
Last week’s soybean export shipments pace was estimated at 77.2 MB. After 12 weeks, soybean shipments were at 40% of USDA’s expectations vs. 38% last year. With 40 weeks left in soybean’s export marketing year, shipments need to average 27.5 MB to make USDA’s projection of 1.825 BB.
