USDA’s Weekly Grain Export Inspections Week Ended Oct. 21, 2021 | |
Corn | |
Actual (MT) | 545,127 |
Expectations (MT) | 750,000-1,200,000 |
Comments | Inspections plunged 503,490 MT from last week’s tally. Inspections are running 23.6% behind year-ago, which compares to 25.5% behind year-ago last week. USDA’s 2021-22 export forecast of 2.500 billion bu. is 9.2% below 2020-21. |
Wheat | |
Actual (MT) | 140,413 |
Expectations (MT) | 150,000-450,000 |
Comments | Export inspections were just slightly under the previous week’s tally. Shipments are running 14.5% behind year-ago vs. 12.7% behind year-ago last week. USDA projects exports in 2021-22 at 875 million bu., 11.8% below 2020-21. |
Soybeans | |
Actual (MT) | 2,103,505 |
Expectations (MT) | 1,800,000-2,625,000 |
Comments | Export inspections dropped 346,227 MT from last week’s tally, which was revised up 151,417 MT from the initial figure. Inspections are running 45.0% behind year-ago, which compares to 50.6% behind year-ago the week prior. USDA’s 2021-22 export forecast of 2.090 billion bu. is 7.7% below 2020-21. |