Solid Grain and Bean Shipments

Posted on 03/09/2017 10:24 AM
USDA Weekly Grain Export Inspections
Week Ended March 3, 2016
Corn
Actual (MT) 953,062
Expectations (MT) 615,000-825,000
Comments: Inspections were up 213,574 MT from last week and the tally topped expectations. Inspections for 2015-16 are running 20.5% behind year-ago compared to 20.6% behind year-ago the week prior. USDA's 2015-16 export forecast of 1.650 billion bu. is down 11.5% from the previous marketing year.
Wheat
Actual (MT) 443,190
Expectations (MT) 300,000-435,000
Comments: Inspections were up 66,720 MT from the previous week and the tally was just above expectations. Inspections for 2015-16 are running 12.3% behind year-ago compared to 13.0% behind last week. USDA's export forecast for 2015-16 is at 775 million bu., down 9.3% from the previous marketing year.
Soybeans
Actual (MT) 1,067,366
Expectations (MMT) 725,000-1,150,000
Comments: Export inspections were up 12,184 MT from the previous week and shipments were within expectations. Inspections for the 2015-16 marketing year are running 7.1% behind year-ago versus 8.2% behind last week. USDA's 2015-16 export forecast is at 1.690 billion bu., down 8.3% from year-ago.

 


 

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