Last week’s wheat export shipments pace was estimated at 26.1 MB. After 16 weeks, wheat shipments were at 34% of USDA’s expectations vs. 30% last year. With 36 weeks left in wheat’s export marketing year, shipments need to average 15.1 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 43.4 MB. After 3 weeks, corn shipments were at 4% of USDA’s expectations vs. 3% last year. With 49 weeks left in corn’s export marketing year, shipments need to average 45.2 MB to make USDA’s projection of 2.300 BB.
Last week’s soybean export shipments pace was estimated at 17.8 MB. After 3 weeks, soybean shipments were at 2% of USDA’s expectations vs. 3% last year. With 49 weeks left in soybean’s export marketing year, shipments need to average 36.8 MB to make USDA’s projection of 1.850 BB.
