Last week’s wheat export shipments pace was estimated at 17.4 MB. After 25 weeks, wheat shipments were at 52% of USDA’s expectations vs. 48% last year. With 27 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 64.3 MB. After 12 weeks, corn shipments were at 22% of USDA’s expectations vs. 14% last year. With 40 weeks left in corn’s export marketing year, shipments need to average 57.4 MB to make USDA’s projection of 3.075 BB.
Last week’s soybean export shipments pace was estimated at 29.4 MB. After 12 weeks, soybean shipments were at 25% of USDA’s expectations vs. 39% last year. With 40 weeks left in soybeans’ export marketing year, shipments need to average 30.8 MB to make USDA’s projection of 1.635 BB.
