Last week’s wheat export shipments pace was estimated at 9.5 MB. After 21 weeks, wheat shipments were at 47% of USDA’s expectations vs. 43% last year. With 31 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 46.8 MB. After 8 weeks, corn shipments were at 14% of USDA’s expectations vs. 9% last year. With 44 weeks left in corn’s export marketing year, shipments need to average 58.2 MB to make USDA’s projection of 2.975 BB.
Last week’s soybean export shipments pace was estimated at 39.0 MB. After 8 weeks, soybean shipments were at 15% of USDA’s expectations vs. 21% last year. With 44 weeks left in soybeans’ export marketing year, shipments need to average 32.7 MB to make USDA’s projection of 1.685 BB.
