Corn, soybean export inspections start 2022-23 ahead of year-ago
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USDA’s Weekly Grain Export Inspections Week Ended Sep. 1, 2022 |
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Corn |
|
|
Actual (MT) |
518,373 |
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Expectations (MT) |
500,000-825,000 |
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Comments |
Export inspections are 171,078 MT lower from last week’s tally. Inspections are running 70,131 MT ahead of a year-ago. USDA projects exports in 2022-23 at 2.375 billion bu., 3.1% below the previous marketing year. |
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Wheat |
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|
Actual (MT) |
477,657 |
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Expectations (MT) |
400,000-625,000 |
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Comments |
Export inspections are down 153,669 MT from the previous week’s figure. Shipments are running 15.3% behind year-ago, compared with 19.2% behind year-ago last week. USDA projects exports in 2022-23 at 825 million bu., up 3.1% from the previous marketing year. |
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Soybeans |
|
|
Actual (MT) |
495,845 |
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Expectations (MT) |
400,000-800,000 |
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Comments |
Export inspections increased 56,034 MT from last week’s tally. Inspections are running 19,228 MT ahead year-ago. 2022-23 export forecast of 2.155 billion bu. is 0.2% below 2021-22. |
