Export Shipments Report May 19

Export Shipments Report May 19

Last week’s wheat export shipments pace was estimated at 15.6 MB. After 50 weeks, wheat shipments were at 93% of USDA’s expectations vs. 93% last year. With 2 weeks left in wheat’s export marketing year, shipments need to average 29.7 MB to make USDA’s projection of 820 MB.

Last week’s corn export shipments pace was estimated at 67.7 MB. After 37 weeks, corn shipments were at 69% of USDA’s expectations vs. 61% last year. With 15 weeks left in corn’s export marketing year, shipments need to average 53.8 MB to make USDA’s projection of 2.600 BB.

Last week’s soybean export shipments pace was estimated at 8.0 MB. After 37 weeks, soybean shipments were at 88% of USDA’s expectations vs. 86% last year. With 15 weeks left in soybean’s export marketing year, shipments need to average 15.2 MB to make USDA’s projection of 1.850 BB.

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