Last week’s wheat export shipments pace was estimated at 9.1 MB. After 23 weeks, wheat shipments were at 38% of USDA’s expectations vs. 49% last year. With 29 weeks left in wheat’s export marketing year, shipments need to average 16.0 MB to make USDA’s projection of 750 MB.
Last week’s corn export shipments pace was estimated at 35.6 MB. After 10 weeks, corn shipments were at 14% of USDA’s expectations vs. 16% last year. With 42 weeks left in corn’s export marketing year, shipments need to average 67.7 MB to make USDA’s projection of 3.300 BB.
Last week’s soybean export shipments pace was estimated at 69.7 MB. After 10 weeks, soybean shipments were at 31% of USDA’s expectations vs. 22% last year. With 42 weeks left in soybeans’ export marketing year, shipments need to average 28.0 MB to make USDA’s projection of 1.695 BB.
