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Pro Farmer/News/Agriculture News

Corn inspections rebound to 1.4 MMT

Weekly corn inspections rose a notable 563,792 MT during the week ended Jan. 9, topping pre-report expectations while soybean inspections rose modestly. Wheat inspections fell 123,000 MT on the week.

Hillari Mason
 • 
January 13, 2025 10:14 AM
grain ship.jpg
USDA Weekly Export Inspections
(Chip Flory)

USDA’s Weekly Grain Export Inspections

Week Ended Jan. 9, 2025

Corn
Actual (MT)
1,441,006
Expectations (MT)
500,000-1,000,000
Comments
Export inspections rose 563,792 MT from last week’s tally. Inspections are running 26.5% ahead of a year ago, compared to 24.5% ahead last week. USDA projects exports in 2024-25 at 2.475 billion bu., 8.0% above the previous marketing year.
Wheat
Actual (MT)
288,895
Expectations (MT)
200,000-450,000
Comments
Export inspections fell 123,447 MT from the previous week’s figure. Shipments are running 25.0% ahead of year-ago, compared to 25.1% ahead last week. USDA projects exports in 2024-25 at 850 million bu., up 20.2% from the previous marketing year.
Soybeans
Actual (MT)
1,350,121
Expectations (MT)
1,075,000-1,700,000
Comments
Export inspections rose 54,742MT from last week’s tally. Inspections are running 22.4% ahead of a year ago, compared to 23.2% ahead last week. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24..
Agriculture News