Corn export inspections increase
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USDA’s Weekly Grain Export Inspections Week Ended April 21, 2022 |
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Corn |
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|
Actual (MT) |
1,650,844 |
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Expectations (MT) |
1,000,000-1,500,000 |
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Comments |
Export inspections increased 475,446 MT from last week’s tally, which was increased 36,192 MT from the original figure. Inspections are running 15.8% behind year-ago, which compares to 15.9% behind last week. USDA projects exports in 2021-22 at 2.500 billion bu., 9.2% below the previous marketing year. |
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Wheat |
|
|
Actual (MT) |
287,997 |
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Expectations (MT) |
300,000-475,000 |
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Comments |
Export inspections decreased 158,228 MT from the previous week’s figure, which was increased 13,972 MT from the original figure. Shipments are running 19.0% behind year-ago, which compares to 18.2% behind last week. USDA projects exports in 2021-22 at 785 million bu., down 20.9% from the previous marketing year. |
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Soybeans |
|
|
Actual (MT) |
602,178 |
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Expectations (MT) |
600,000-1,075,000 |
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Comments |
Export inspections decreased 401,925 MT from last week’s tally, which was increased 31,594 MT from the original figure. Inspections are running 16.1% behind year-ago, compared to 16.8% last week. USDA’s 2021-22 export forecast of 2.115 billion bu. is 6.5% below 2020-21. |
