Last week’s wheat export shipments pace was estimated at 11.1 MB. After 18 weeks, wheat shipments were at 32% of USDA’s expectations vs. 42% last year. With 34 weeks left in wheat’s export marketing year, shipments need to average 15.6 MB to make USDA’s projection of 775 MB.
Last week’s corn export shipments pace was estimated at 53.8 MB. After 5 weeks, corn shipments were at 9% of USDA’s expectations vs. 8% last year. With 47 weeks left in corn’s export marketing year, shipments need to average 63.7 MB to make USDA’s projection of 3.275 BB.
Last week’s soybean export shipments pace was estimated at 41.8 MB. After 5 weeks, soybean shipments were at 9% of USDA’s expectations vs. 7% last year. With 47 weeks left in soybeans’ export marketing year, shipments need to average 32.7 MB to make USDA’s projection of 1.685 BB.
