Export inspections rose 537,273 MT from the previous week’s tally. Inspections are running 29.3% ahead of a year ago, compared to 28.9% ahead last week. USDA projects exports in 2024-25 at 2.750 billion bu., 22.0% above the previous marketing year.
Wheat
Actual (MT)
288,793
Expectations (MT)
300,000-700,000
Comments
Export inspections fell 443,497 MT from the previous week’s figure. Shipments are running 5.9% 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)
409,714
Expectations (MT)
200,000-450,000
Comments
Export inspections rose 32,694 MT from the previous week’s tally. Inspections are running 10.4% ahead of a year ago, compared to 10.4% ahead last week. USDA’s 2024-25 export forecast of 1.865 billion bu., up 9.7% from 2023-24.
