Soybean, corn export inspections rise from previous week
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USDA’s Weekly Grain Export Inspections Week Ended July 28, 2022 |
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Corn |
|
|
Actual (MT) |
856,938 |
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Expectations (MT) |
550,000-1,150,000 |
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Comments |
Export inspections are up 103,145 MT from last week’s tally. Inspections are running 17.7% behind year-ago, which compares to 17% behind last week. USDA projects exports in 2021-22 at 2.450 billion bu., 11.0% below the previous marketing year. |
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Wheat |
|
|
Actual (MT) |
256,601 |
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Expectations (MT) |
250,000-550,000 |
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Comments |
Export inspections are down 218,925 MT from the previous week’s figure. Shipments are running 24.9% behind year-ago, compared with 18% behind year-ago last week. USDA projects exports in 2022-23 at 775 million bu., down 3.7% from the previous marketing year. |
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Soybeans |
|
|
Actual (MT) |
555,083 |
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Expectations (MT) |
300,000-800,000 |
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Comments |
Export inspections increased 162,603 MT from last week’s tally. Inspections are running 8.2% behind year-ago, compared to 10% last week. USDA’s 2021-22 export forecast of 2.170 billion bu. is 4.0% below 2020-21. |
