Weekly export sales data through week ended Sept. 15 revealed corn export sales for the week continued to fall behind year-ago levels by 50%, while soybeans remained steadily ahead.
Weekly export data for week ended Sep. 8 reported soybean export sales have had a considerable start to the marketing year; ahead of last year’s pace, while corn lags by 50%.
USDA reduced the national corn yield as expected, but trimmed soybeans a bushel more than the average trade estimate of 51.5 bpa in its release of the September WASDE.
Weekly export inspections for week ended Sep. 8 revealed wheat inspections above trade expectations; corn and soybean inspections continue to run ahead of year-ago levels.
Weekly export inspections for week ended August 25, 2022 revealed mid-range inspections for corn and wheat, while soybeans fell short of trade expectations.
USDA’s weekly export inspections proved steady for corn, soybeans and wheat for week ended August 18. Corn and wheat inspections were notably higher over the previous week, while soybeans fell behind.
USDA export sales data through week ending August 11, revealed new-crop soybeans sales were the largest for either 2021-22 or 2022-23 since the end of March, with wheat export sales reaching a marketing-year low.
Export Inspections for week ended August 11, 2022 were within trade expectations, but well below last week’s figures. Corn, Soybeans, and wheat continue to fall behind year-ago levels.