USDA’s Weekly Grain Export Inspections Week Ended Oct. 28, 2021 | |
Corn | |
Actual (MT) | 619,340 |
Expectations (MT) | 475,000-900,000 |
Comments | Inspections dropped slightly from last week’s tally. Inspections are running 21.5% behind year-ago, which compares to 23.6% behind year-ago last week. USDA’s 2021-22 export forecast of 2.500 billion bu. is 9.2% below 2020-21. |
Wheat | |
Actual (MT) | 115,341 |
Expectations (MT) | 150,000-500,000 |
Comments | Export inspections fell 82,138 MT from previous week’s light tally. Shipments are running 15.4% behind year-ago vs. 14.5% behind year-ago last week. USDA projects exports in 2021-22 at 875 million bu., 11.8% below 2020-21. |
Soybeans | |
Actual (MT) | 2,272,003 |
Expectations (MT) | 1,850,000-2,300,000 |
Comments | Export inspections dropped 293,926 MT from last week’s tally, which was revised up 462,424 MT from the initial figure. Inspections are running 36.7% behind year-ago, which compares to 45.0% behind year-ago the week prior. USDA’s 2021-22 export forecast of 2.090 billion bu. is 7.7% below 2020-21. |