Last week’s wheat export shipments pace was estimated at 10.7 MB. After 23 weeks, wheat shipments were at 49% of USDA’s expectations vs. 45% last year. With 29 weeks left in wheat’s export marketing year, shipments need to average 15.7 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 56.1 MB. After 10 weeks, corn shipments were at 18% of USDA’s expectations vs. 12% last year. With 42 weeks left in corn’s export marketing year, shipments need to average 58.0 MB to make USDA’s projection of 2.975 BB.
Last week’s soybean export shipments pace was estimated at 40.0 MB. After 10 weeks, soybean shipments were at 19% of USDA’s expectations vs. 30% last year. With 42 weeks left in soybeans’ export marketing year, shipments need to average 32.3 MB to make USDA’s projection of 1.685 BB.
