Last week’s wheat export shipments pace was estimated at 16.3 MB. After 19 weeks, wheat shipments were at 44% of USDA’s expectations vs. 40% last year. With 33 weeks left in wheat’s export marketing year, shipments need to average 15.4 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 44.5 MB. After 6 weeks, corn shipments were at 11% of USDA’s expectations vs. 7% last year. With 46 weeks left in corn’s export marketing year, shipments need to average 57.9 MB to make USDA’s projection of 2.975 BB.
Last week’s soybean export shipments pace was estimated at 36.5 MB. After 6 weeks, soybean shipments were at 9% of USDA’s expectations vs. 11% last year. With 46 weeks left in soybeans’ export marketing year, shipments need to average 33.4 MB to make USDA’s projection of 1.685 BB.
