Last week’s wheat export shipments pace was estimated at 27.7 MB. After 15 weeks, wheat shipments were at 32% of USDA’s expectations vs. 31% last year. With 37 weeks left in wheat’s export marketing year, shipments need to average 16.5 MB to make USDA’s projection of 900 MB.
Last week’s corn export shipments pace was estimated at 59.5 MB. After 2 weeks, corn shipments were at 3% of USDA’s expectations vs. 3% last year. With 50 weeks left in corn’s export marketing year, shipments need to average 57.8 MB to make USDA’s projection of 2.975 BB.
Last week’s soybean export shipments pace was estimated at 29.6 MB. After 2 weeks, soybean shipments were at 2% of USDA’s expectations vs. 2% last year. With 50 weeks left in soybean’s export marketing year, shipments need to average 39.2 MB to make USDA’s projection of 1.685 BB.
