USDA’s Weekly Grain Export Inspections Week Ended Oct. 3, 2024 | |
Corn | |
Actual (MT) | 933,274 |
Expectations (MT) | 800,000-1,300,000 |
Comments | Export inspections fell 216,250 MT from last week’s tally. Inspections are running 22.2% ahead of a year ago, compared to 23.7% ahead last week. USDA projects exports in 2024-25 at 2.300 billion bu., 0.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 363,460 |
Expectations (MT) | 250,000-650,000 |
Comments | Export inspections fell 187,475 MT from the previous week’s figure. Shipments are running 34.6% ahead of year-ago, compared to 35.2% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 1,431,345 |
Expectations (MT) | 450,000-1,125,000 |
Comments | Export inspections rose 748,493 MT from last week’s tally. Inspections are running 1.0% behind a year ago, compared to 3.4% behind a year ago. USDA’s 2024-25 export forecast of 1.850 billion bu., up 8.8% from 2023-24. |