Export Shipments Report February 18

Export Shipments Report February 18

Last week’s wheat export shipments pace was estimated at 9.2 MB. After 37 weeks, wheat shipments were at 64% of USDA’s expectations vs. 63% last year. With 15 weeks left in wheat’s export marketing year, shipments need to average 20.3 MB to make USDA’s projection of 850 MB.

Last week’s corn export shipments pace was estimated at 63.4 MB. After 24 weeks, corn shipments were at 40% of USDA’s expectations vs. 31% last year. With 28 weeks left in corn’s export marketing year, shipments need to average 52.7 MB to make USDA’s projection of 2.450 BB.

Last week’s soybean export shipments pace was estimated at 26.5 MB. After 24 weeks, soybean shipments were at 73% of USDA’s expectations vs. 70% last year. With 28 weeks left in soybean’s export marketing year, shipments need to average 17.9 MB to make USDA’s projection of 1.825 BB.

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