USDA’s Weekly Grain Export Inspections Week Ended Aug. 18, 2022 | |
Corn | |
Actual (MT) | 740,508 |
Expectations (MT) | 450,000-850,000 |
Comments | Export inspections increased 201,172 MT from last week’s tally. Inspections are running 17.8% behind year-ago, which compares to 18.0% behind last week. USDA projects exports in 2021-22 at 2.450 billion bu., 11.0% below the previous marketing year. |
Wheat | |
Actual (MT) | 594,273 |
Expectations (MT) | 250,000-650,000 |
Comments | Export inspections increased 204,359 MT from the previous week’s figure. Shipments are running 22.1% behind year-ago, compared with 23.0% 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) | 686,583 |
Expectations (MT) | 400,000-875,000 |
Comments | Export inspections are down 81,745 MT from last week’s tally. Inspections are running 5.2% behind year-ago, compared to 6.0% last week. USDA’s 2021-22 export forecast of 2.160 billion bu. is 4.7% below 2020-21. |