Export Shipments Report June 3

Export Shipments Report June 3

Last week’s wheat export shipments pace was estimated at 15.3 MB. After 51 weeks, wheat shipments were at 95% of USDA’s expectations vs. 96% last year. With 1 week left in wheat’s export marketing year, shipments need to average 32.6 MB to make USDA’s projection of 720 MB.

Last week’s corn export shipments pace was estimated at 54.1 MB. After 39 weeks, corn shipments were at 69% of USDA’s expectations vs. 71% last year. With 13 weeks left in corn’s export marketing year, shipments need to average 51.1 MB to make USDA’s projection of 2.150 BB.

Last week’s soybean export shipments pace was estimated at 16.1 MB. After 39 weeks, soybean shipments were at 87% of USDA’s expectations vs. 90% last year. With 13 weeks left in soybean’s export marketing year, shipments need to average 16.9 MB to make USDA’s projection of 1.700 BB.

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