USDA’s Weekly Grain Export Inspections Week Ended April 20, 2023 | |
Corn | |
Actual (MT) | 913,813 |
Expectations (MT) | 700,000-1,350,000 |
Comments | Export inspections are down 323,447 MT from last week’s tally. Inspections are running 35.9% behind a year-ago, compared to 35.6% behind last week. USDA projects exports in 2022-23 at 1.850 billion bu., 25.1% below the previous marketing year. |
Wheat | |
Actual (MT) | 363,826 |
Expectations (MT) | 200,000-500,000 |
Comments | Export inspections are up 111,345 MT from the previous week’s figure. Shipments are running 2.8% behind a year-ago, compared with 3.3% behind a year-ago last week. USDA projects exports in 2022-23 at 775 million bu., down 3.1% from the previous marketing year. |
Soybeans | |
Actual (MT) | 374,960 |
Expectations (MT) | 300,000-700,000 |
Comments | Export inspections are down 155,382 MT from last week’s tally. Inspections are running 0.8% ahead of a year ago, compared to 1.4% ahead last week. USDA’s 2022-23 export forecast of 2.015 billion bu. is 6.6% below 2021-22. |