USDA’s Weekly Grain Export Inspections Week Ended Jan. 26, 2022 | |
Corn | |
Actual (MT) | 527,932 |
Expectations (MT) | 600,000-950,000 |
Comments | Export inspections are down 200,860 MT from last week’s tally. Inspections are running 30.4% behind a year-ago, compared to 30.3% behind last week. USDA projects exports in 2022-23 at 1.925 billion bu., 22.0% below the previous marketing year. |
Wheat | |
Actual (MT) | 445,433 |
Expectations (MT) | 275,000-475,000 |
Comments | Export inspections are up 96,040 MT from the previous week’s figure. Shipments are running 2.9% behind a year-ago, compared with 3.6% behind a year-ago last week. USDA projects exports in 2022-23 at 775 million bu., down 3.1% from the previous marketing year. |
Soybeans | |
Actual (MT) | 1,855,293 |
Expectations (MT) | 900,000-1,900,000 |
Comments | Export inspections are up 16,576 MT from last week’s tally. Inspections are running 1.3% behind a year ago, compared to 2.7% behind last week. USDA’s 2022-23 export forecast of 1.990 billion bu. is 8.0% below 2021-22. |