Export Shipments Report May 13

Export Shipments Report May 13

Last week’s wheat export shipments pace was estimated at 13.5 MB. After 49 weeks, wheat shipments were at 90% of USDA’s expectations vs. 91% last year. With 3 weeks left in wheat’s export marketing year, shipments need to average 23.8 MB to make USDA’s projection of 720 MB.

Last week’s corn export shipments pace was estimated at 36.9 MB. After 36 weeks, corn shipments were at 62% of USDA’s expectations vs. 62% last year. With 16 weeks left in corn’s export marketing year, shipments need to average 50.9 MB to make USDA’s projection of 2.150 BB.

Last week’s soybean export shipments pace was estimated at 14.9 MB. After 36 weeks, soybean shipments were at 85% of USDA’s expectations vs. 89% last year. With 16 weeks left in soybean’s export marketing year, shipments need to average 15.5 MB to make USDA’s projection of 1.700 BB.

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