Export inspections fell 471,846 MT from the previous week’s tally. Inspections are running 28.0% ahead of a year ago, compared to 28.4% ahead last week. USDA projects exports in 2024-25 at 2.750 billion bu., 22.0% above the previous marketing year.
Wheat
Actual (MT)
395,240
Expectations (MT)
350,000-600,000
Comments
Export inspections fell 19,625 MT from the previous week’s figure. Shipments are running 3.7% ahead of year-ago. USDA projects exports in 2025-26 at 850 million bu., up 3.0% from the previous marketing year.
Soybeans
Actual (MT)
473,605
Expectations (MT)
200,000-730,000
Comments
Export inspections fell 70,641 MT from the previous week’s tally. Inspections are running 11.6% ahead of a year ago, compared to 8.7% ahead last week. USDA’s 2024-25 export forecast of 1.865 billion bu., up 9.7% from 2023-24.
