USDA’s Weekly Grain Export Inspections Week Ended Nov. 4, 2021 | |
Corn | |
Actual (MT) | 563,163 |
Expectations (MT) | 550,000-1,000,000 |
Comments | Inspections dropped 107,922 MT from last week’s tally. Inspections are running 20.6% behind year-ago, which compares to 21.5% 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) | 231,854 |
Expectations (MT) | 150,000-400,000 |
Comments | Export inspections increased 101,133 MT from previous week’s light tally. Shipments are running 15.4% behind year-ago, the same as last week. USDA projects exports in 2021-22 at 875 million bu., 11.8% below 2020-21. |
Soybeans | |
Actual (MT) | 2,646,892 |
Expectations (MT) | 1,100,000-2,515,000 |
Comments | Export inspections increased slightly from last week’s tally, which was revised up 335,531 MT from the initial figure. Inspections are running 30.8% behind year-ago, which compares to 36.7% behind year-ago the week prior. USDA’s 2021-22 export forecast of 2.090 billion bu. is 7.7% below 2020-21. |