Weekly corn inspections miss pre-report expectations

Weekly corn inspections during the week ended May 8 declined 392,000 MT from the previous week, while soybean inspections rose on the week.

grain ship.jpg
USDA Weekly Export Inspections Report
(Chip Flory)

USDA’s Weekly Grain Export Inspections

Week Ended May 8, 2025

Corn
Actual (MT)
1,224,087
Expectations (MT)
1,300,000-1,750,000
Comments
Export inspections fell 391,999 MT from the previous week’s tally. Inspections are running 28.6% ahead of a year ago, compared to 28.8% ahead last week. USDA projects exports in 2024-25 at 2.550 billion bu., 11.3% above the previous marketing year.
Wheat
Actual (MT)
405,170
Expectations (MT)
300,000-500,000
Comments
Export inspections fell 6,641 MT from the previous week’s figure. Shipments are running 14.8% ahead of year-ago, compared to 14.4% ahead last week. USDA projects exports in 2024-25 at 820 million bu., up 16.0% from the previous marketing year.
Soybeans
Actual (MT)
426,077
Expectations (MT)
250,000-550,000
Comments
Export inspections rose 92,423 MT from the previous week’s tally. Inspections are running 11.0% ahead of a year ago, compared to 11.2% ahead last week. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24.