USDA’s Weekly Grain Export Inspections Week Ended Oct. 10, 2024 | |
Corn | |
Actual (MT) | 430,323 |
Expectations (MT) | 600,000-1,100,000 |
Comments | Export inspections fell 517,640 MT from last week’s tally. Inspections are running 19.0% ahead of a year ago, compared to 22.2% ahead last week. USDA projects exports in 2024-25 at 2.300 billion bu., 0.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 371,004 |
Expectations (MT) | 300,000-550,000 |
Comments | Export inspections rose 7,544 MT from the previous week’s figure. Shipments are running 33.0% ahead of year-ago, compared to 34.6% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 1,575,467 |
Expectations (MT) | 800,000-1,875,000 |
Comments | Export inspections fell 49,716 MT from last week’s tally. Inspections are running 6.8% behind a year ago, compared to 1.0% behind a year ago. USDA’s 2024-25 export forecast of 1.850 billion bu., up 8.8% from 2023-24. |