USDA’s Weekly Grain Export Inspections Week Ended Jan. 5, 2022 | |
Corn | |
Actual (MT) | 397,585 |
Expectations (MT) | 325,000-900,000 |
Comments | Export inspections are down 285,457 MT from last week’s tally. Inspections are running 29% behind a year-ago, compared to 28.0% behind last week. USDA projects exports in 2022-23 at 2.075 billion bu., 16% below the previous marketing year. |
Wheat | |
Actual (MT) | 201,673 |
Expectations (MT) | 75,000-350,000 |
Comments | Export inspections are up 116,001 MT from the previous week’s figure. Shipments are running 2.7% behind a year-ago, compared with 3.0% 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) | 1,438,183 |
Expectations (MT) | 1,000,000-1,850,000 |
Comments | Export inspections are down 37,161 MT from last week’s tally. Inspections are running 5.4% behind a year ago, compared to 7.0% behind last week. USDA’s 2022-23 export forecast of 2.045 billion bu. is 5.2% below 2021-22. |
Corn, soybean export inspections fall behind previous week
Weekly export inspections for week ended Jan. 5 revealed wheat inspections up over 116,001 MT from the previous week’s tally, while corn and soybeans were well below.
(Farm Journal)