Last week’s wheat export shipments pace was estimated at 21.2 MB. After 13 weeks, wheat shipments were at 26% of USDA’s expectations vs. 23% last year. With 39 weeks left in wheat’s export marketing year, shipments need to average 15.7 MB to make USDA’s projection of 825 MB.
Last week’s corn export shipments pace was estimated at 38.0 MB. After 51 weeks, corn shipments were at 91% of USDA’s expectations vs. 88% last year. With 1 week left in corn’s export marketing year, shipments need to average 201.5 MB to make USDA’s projection of 2.250 BB.
Last week’s soybean export shipments pace was estimated at 18.3 MB. After 51 weeks, soybean shipments were at 97% of USDA’s expectations vs. 97% last year. With 1 week left in soybean’s export marketing year, shipments need to average 57.3 MB to make USDA’s projection of 1.700 BB.
