Wheat export inspections remain steady
USDA’s Weekly Grain Export Inspections Week Ended Sep. 29, 2022 |
|
Corn |
|
Actual (MT) |
661,658 |
Expectations (MT) |
400,000-700,000 |
Comments |
Export inspections are up 112,050 MT from last week’s tally. Inspections are running 3.9% ahead of a year-ago, compared to 17.4% last week. USDA projects exports in 2022-23 at 2.375 billion bu., 3.1% below the previous marketing year. |
Wheat |
|
Actual (MT) |
667,577 |
Expectations (MT) |
250,000-650,000 |
Comments |
Export inspections are up 78,370 MT from the previous week’s figure. Shipments are running 2.7% behind year-ago, compared with 4.4% behind year-ago last week. USDA projects exports in 2022-23 at 825 million bu., up 3.1% from the previous marketing year. |
Soybeans |
|
Actual (MT) |
575,220 |
Expectations (MT) |
250,000-700,000 |
Comments |
Export inspections are up 283,807MT from last week’s tally. Inspections are running 3.2% behind a year ago, compared to 15.5% ahead last week. USDA’s 2022-23 export forecast of 2.155 billion bu. is 0.2% below 2021-22. |