Last week’s wheat export shipments pace was estimated at 2.8 MB. After 22 weeks, wheat shipments were at 37% of USDA’s expectations vs. 48% last year. With 30 weeks left in wheat’s export marketing year, shipments need to average 15.8 MB to make USDA’s projection of 750 MB.
Last week’s corn export shipments pace was estimated at 34.8 MB. After 9 weeks, corn shipments were at 13% of USDA’s expectations vs. 14% last year. With 43 weeks left in corn’s export marketing year, shipments need to average 67.0 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 89.8 MB. After 9 weeks, soybean shipments were at 26% of USDA’s expectations vs. 19% last year. With 43 weeks left in soybeans’ export marketing year, shipments need to average 29.0 MB to make USDA’s projection of 1.695 BB.
