Export Shipments Report May 6

Export Shipments Report May 6

Last week’s wheat export shipments pace was estimated at 11.8 MB. After 48 weeks, wheat shipments were at 89% of USDA’s expectations vs. 89% last year. With 4 weeks left in wheat’s export marketing year, shipments need to average 18.9 MB to make USDA’s projection of 710 MB.

Last week’s corn export shipments pace was estimated at 50.6 MB. After 35 weeks, corn shipments were at 62% of USDA’s expectations vs. 59% last year. With 17 weeks left in corn’s export marketing year, shipments need to average 47.1 MB to make USDA’s projection of 2.100 BB.

Last week’s soybean export shipments pace was estimated at 12.8 MB. After 35 weeks, soybean shipments were at 85% of USDA’s expectations vs. 90% last year. With 17 weeks left in soybean’s export marketing year, shipments need to average 15.4 MB to make USDA’s projection of 1.700 BB.

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