Export Shipments Report July 1

Export Shipments Report July 1

Last week’s wheat export shipments pace was estimated at 11.4 MB. After 4 weeks, wheat shipments were at 6% of USDA’s expectations vs. 6% last year. With 48 weeks left in wheat’s export marketing year, shipments need to average 15.6 MB to make USDA’s projection of 800 MB.

Last week’s corn export shipments pace was estimated at 32.3 MB. After 43 weeks, corn shipments were at 78% of USDA’s expectations vs. 79% last year. With 9 weeks left in corn’s export marketing year, shipments need to average 53.1 MB to make USDA’s projection of 2.150 BB.

Last week’s soybean export shipments pace was estimated at 11.1 MB. After 43 weeks, soybean shipments were at 90% of USDA’s expectations vs. 91% last year. With 9 weeks left in soybean’s export marketing year, shipments need to average 19.3 MB to make USDA’s projection of 1.700 BB.

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