USDA’s Weekly Grain Export Inspections Week Ended March 17, 2022 | |
Corn | |
Actual (MT) | 1,466,311 |
Expectations (MT) | 1,140,000-1,600,000 |
Comments | Export inspections increased 319,528 MT from last week’s tally, which was increased 1,933 MT from the original figure. Inspections are running 15.0% behind year-ago, which compares to 14.2% behind last week. USDA projects exports in 2021-22 at 2.500 billion bu., 9.2% below the previous marketing year. |
Wheat | |
Actual (MT) | 330,632 |
Expectations (MT) | 275,000-500,000 |
Comments | Export inspections were up 23,414 MT from the previous week’s figure, which was increased 24,874 MT from the original figure. Shipments are running 17.4% behind year-ago, which compares to 16.5% behind last week. USDA projects exports in 2021-22 at 800 million bu., down 19.4% from the previous marketing year. |
Soybeans | |
Actual (MT) | 544,986 |
Expectations (MT) | 500,000-850,000 |
Comments | Export inspections declined 251,799 MT from last week’s tally, which was increased 24,066 MT from the original figure. Inspections are running 20.6% behind year-ago, compared to 21.0% last week. USDA’s 2021-22 export forecast of 2.090 billion bu. is 7.6% below 2020-21. |