Big jump in weekly corn inspections

Weekly corn inspection for the week ended March 6 rose 467,000 MT from the previous week, exceeding analysts’ pre-report range.

grain ship.jpg
Weekly Export Inspections Report
(Chip Flory)

USDA’s Weekly Grain Export Inspections

Week Ended March 6, 2025

Corn
Actual (MT)
1,819,812
Expectations (MT)
1,000,000-1,400,000
Comments
Export inspections rose 467,239 MT from the previous week’s tally. Inspections are running 33.0% ahead of a year ago, compared to 31.7% ahead last week. USDA projects exports in 2024-25 at 2.450 billion bu., 6.9% above the previous marketing year.
Wheat
Actual (MT)
216,173
Expectations (MT)
250,000-450,000
Comments
Export inspections fell 174,418 MT from the previous week’s figure. Shipments are running 17.8% ahead of year-ago, compared to 20.5% ahead last week. USDA projects exports in 2024-25 at 850 million bu., up 20.2% from the previous marketing year.
Soybeans
Actual (MT)
844,218
Expectations (MT)
400,000 - 900,000
Comments
Export inspections rose 144,260 MT from the previous week’s tally. Inspections are running 9.6% ahead of a year ago, compared to 9.6% ahead last week. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24.