USDA’s Weekly Grain Export Inspections Week Ended Dec. 2, 2021 | |
Corn | |
Actual (MT) | 758,169 |
Expectations (MT) | 600,000-1,000,000 |
Comments | Inspections declined slightly from last week’s figure, which was modestly revised higher. Inspections are running 16.0% behind year-ago, which compares to 17.0% 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) | 245,963 |
Expectations (MT) | 150,000-400,000 |
Comments | Export inspections declined 144,808 MT from the previous week’s figure, which was revised up 140,120 MT. Shipments are running 17.3% behind year-ago, which compares to 16.9% behind last week. USDA projects exports in 2021-22 at 860 million bu., 13.3% below 2020-21. |
Soybeans | |
Actual (MT) | 2,246,664 |
Expectations (MT) | 1,850,000-2,325,000 |
Comments | Export inspections slipped 11,641 MT from last week’s tally, which was revised up 115,461 MT from the initial figure. Inspections are running 21.1% behind year-ago, which compares to 22.5% behind year-ago the week prior. USDA’s 2021-22 export forecast of 2.050 billion bu. is 9.5% below 2020-21. |