Wheat, corn export inspections increase
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USDA’s Weekly Grain Export Inspections Week Ended April 28, 2022 |
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Corn |
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Actual (MT) |
1,683,994 |
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Expectations (MT) |
1,000,000-1,775,000 |
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Comments |
Export inspections increased 18,889 MT from last week’s tally, which was increased 14,261 MT from the original figure. Inspections are running 16.1% behind year-ago, which compares to 15.8% behind last week. USDA projects exports in 2021-22 at 2.500 billion bu., 9.2% below the previous marketing year. |
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Wheat |
|
|
Actual (MT) |
384,460 |
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Expectations (MT) |
225,000-500,000 |
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Comments |
Export inspections increased 94,853 MT from the previous week’s figure, which was increased 1,610 MT from the original figure. Shipments are running 19.1% behind year-ago, which compares to 19.0% behind last week. USDA projects exports in 2021-22 at 785 million bu., down 20.9% from the previous marketing year. |
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Soybeans |
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|
Actual (MT) |
601,282 |
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Expectations (MT) |
500,000-1,000,000 |
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Comments |
Export inspections decreased 4,103 MT from last week’s tally, which was increased 3,207 MT from the original figure. Inspections are running 15.2% behind year-ago, compared to 16.1% last week. USDA’s 2021-22 export forecast of 2.115 billion bu. is 6.5% below 2020-21. |
