Export inspections rose 14,840 MT from the previous week’s tally. Inspections are running 28.5% ahead of a year ago, compared to 28.5% ahead last week. USDA projects exports in 2024-25 at 2.550 billion bu., 11.3% above the previous marketing year.
Wheat
Actual (MT)
290,957
Expectations (MT)
250,000-600,000
Comments
Export inspections fell 262,452 MT from the previous week’s figure. Shipments are running 43.5% behind a year-ago. USDA projects exports in 2025-26 at 800 million bu., down 2.4% from the previous marketing year.
Soybeans
Actual (MT)
547,040
Expectations (MT)
155,000-400,000
Comments
Export inspections rose 245,581 MT from the previous week’s tally. Inspections are running 11.5% ahead of a year ago, compared to 10.7% ahead last week. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24.
