Solid Export Inspections

Posted on 03/09/2017 10:19 AM

 

USDA Weekly Grain Export Inspections
Week Ended Jan. 12, 2017
Corn
Actual (MT) 888,009
Expectations (MT) 800,000-1,000,000
Comments: Inspections were up 8,679 MT from the previous week and within expectations. Inspections for 2016-17 are up 77.0% from year-ago, compared to 78.4% ahead the previous week. USDA's 2016-17 export forecast of 2.225 billion bu. is up 17.2% above the previous marketing year.
Wheat
Actual (MT) 344,436
Expectations (MT) 300,000-500,000
Comments:

Inspections are up 81,141 MT from the previous week and matched expectations. Inspections for 2016-17 are running 25.3% ahead of year-ago compared to 25.9% ahead last week. USDA's export forecast for 2016-17 is at 975 million bu., up 25.8% from the previous marketing year.

Soybeans
Actual (MT) 1,409,466
Expectations (MMT) 1,100,000-1,400,000
Comments: Export inspections fell 58,187 MT from the previous week, but the tally came in just above expectations. Inspections for 2016-17 are running 17.2% ahead of year-ago, compared to 18.0% ahead the previous week. USDA's 2016-17 export forecast is at 2.050 billion bu., up 5.9% from year-ago.

 


 

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