USDA’s Weekly Grain Export Inspections Week Ended Sept. 19, 2024 | |
Corn | |
Actual (MT) | 1,102,826 |
Expectations (MT) | 475,000-900,000 |
Comments | Export inspections jumped 533,911 MT from last week’s tally. Inspections are running 5.9% ahead of a year ago. USDA projects exports in 2024-25 at 2.300 billion bu., 0.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 711,073 |
Expectations (MT) | 400,000-650,000 |
Comments | Export inspections rose 122,288 MT from the previous week’s figure. Shipments are running 35.7% ahead of year-ago, compared to 34.1% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 485,216 |
Expectations (MT) | 350,000-650,000 |
Comments | Export inspections rose 11,940 MT from last week’s tally. Inspections are running 6.1% behind a year ago. USDA’s 2024-25 export forecast of 1.850 billion bu., up 8.8% from 2023-24. |