Export Shipments Report June 10

Export Shipments Report June 10

Last week’s wheat export shipments pace was estimated at 12.9 MB. After 1 week, wheat shipments were at 1% of USDA’s expectations vs. 1% last year. With 51 weeks left in wheat’s export marketing year, shipments need to average 15.0 MB to make USDA’s projection of 775 MB.

Last week’s corn export shipments pace was estimated at 52.7 MB. After 40 weeks, corn shipments were at 72% of USDA’s expectations vs. 74% last year. With 12 weeks left in corn’s export marketing year, shipments need to average 50.8 MB to make USDA’s projection of 2.150 BB.

Last week’s soybean export shipments pace was estimated at 8.5 MB. After 40 weeks, soybean shipments were at 88% of USDA’s expectations vs. 90% last year. With 12 weeks left in soybean’s export marketing year, shipments need to average 17.5 MB to make USDA’s projection of 1.700 BB.

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