Last week’s wheat export shipments pace was estimated at 9.1 MB. After 24 weeks, wheat shipments were at 50% of USDA’s expectations vs. 46% 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 900 MB.
Last week’s corn export shipments pace was estimated at 80.9 MB. After 11 weeks, corn shipments were at 20% of USDA’s expectations vs. 13% last year. With 41 weeks left in corn’s export marketing year, shipments need to average 59.8 MB to make USDA’s projection of 3.075 BB.
Last week’s soybean export shipments pace was estimated at 43.2 MB. After 11 weeks, soybean shipments were at 23% of USDA’s expectations vs. 34% last year. With 41 weeks left in soybeans’ export marketing year, shipments need to average 30.8 MB to make USDA’s projection of 1.635 BB.
