Modest export inspections; corn, beans keep pace ahead of year ago
USDA’s Weekly Grain Export Inspections Week Ended Sep. 15, 2022 |
|
Corn |
|
Actual (MT) |
549,354 |
Expectations (MT) |
375,000-800,000 |
Comments |
Export inspections are up 74,966 MT from last week’s tally. Inspections are running 525,056 MT ahead of a year-ago. USDA projects exports in 2022-23 at 2.375 billion bu., 3.1% below the previous marketing year. |
Wheat |
|
Actual (MT) |
790,145 |
Expectations (MT) |
400,000-950,000 |
Comments |
Export inspections are up 32,341 MT from the previous week’s figure. Shipments are running 7% behind year-ago, compared with 11% behind year-ago last week. USDA projects exports in 2022-23 at 825 million bu., up 3.1% from the previous marketing year. |
Soybeans |
|
Actual (MT) |
518,743 |
Expectations (MT) |
350,000-650,000 |
Comments |
Export inspections are up 177,030 MT from last week’s tally. Inspections are running 408,935 MT ahead of a year ago. USDA’s 2022-23 export forecast of 2.155 billion bu. is 0.2% below 2021-22. |