Export Shipments Report July 8

Export Shipments Report July 8

Last week’s wheat export shipments pace was estimated at 12.5 MB. After 5 weeks, wheat shipments were at 8% of USDA’s expectations vs. 8% last year. With 47 weeks left in wheat’s export marketing year, shipments need to average 15.7 MB to make USDA’s projection of 800 MB.

Last week’s corn export shipments pace was estimated at 40.3 MB. After 44 weeks, corn shipments were at 80% of USDA’s expectations vs. 79% last year. With 8 weeks left in corn’s export marketing year, shipments need to average 54.6 MB to make USDA’s projection of 2.150 BB.

Last week’s soybean export shipments pace was estimated at 40.3 MB. After 44 weeks, soybean shipments were at 80% of USDA’s expectations vs. 79% last year. With 8 weeks left in soybean’s export marketing year, shipments need to average 54.6 MB to make USDA’s projection of 2.150 BB.

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