USDA’s Weekly Grain Export Inspections Week Ended Sep. 1, 2022 | |
Corn | |
Actual (MT) | 518,373 |
Expectations (MT) | 500,000-825,000 |
Comments | Export inspections are 171,078 MT lower from last week’s tally. Inspections are running 70,131 MT ahead of a year-ago. USDA projects exports in 2022-23 at 2.375 billion bu., 3.1% below the previous marketing year. |
Wheat | |
Actual (MT) | 477,657 |
Expectations (MT) | 400,000-625,000 |
Comments | Export inspections are down 153,669 MT from the previous week’s figure. Shipments are running 15.3% behind year-ago, compared with 19.2% behind year-ago last week. USDA projects exports in 2022-23 at 825 million bu., up 3.1% from the previous marketing year. |
Soybeans | |
Actual (MT) | 495,845 |
Expectations (MT) | 400,000-800,000 |
Comments | Export inspections increased 56,034 MT from last week’s tally. Inspections are running 19,228 MT ahead year-ago. 2022-23 export forecast of 2.155 billion bu. is 0.2% below 2021-22. |
Corn, soybean export inspections start 2022-23 ahead of year-ago
Sep. 1 marks the calendar for a new marketing year. Corn and soybean inspections make a notable start; ahead of last year.
