Export inspections fell 134,096 MT from the previous week’s tally. Inspections are running 29.3% ahead of a year ago, compared to 28.5% ahead last week. USDA projects exports in 2024-25 at 2.650 billion bu., 15.6% above the previous marketing year.
Wheat
Actual (MT)
434,539
Expectations (MT)
200,000-450,000
Comments
Export inspections rose 179,657 MT from the previous week’s figure. Shipments are running 7.9% behind a year-ago. USDA projects exports in 2025-26 at 825 million bu., up 0.6% from the previous marketing year.
Soybeans
Actual (MT)
224,787
Expectations (MT)
150,000-400,000
Comments
Export inspections rose 22,934 MT from the previous week’s tally. Inspections are running 10.3% ahead of a year ago, compared to 10.6% ahead last week. USDA’s 2024-25 export forecast of 1.850 billion bu., up 9.1% from 2023-24.
