USDA’s Weekly Grain Export Inspections Week Ended Nov. 28, 2024 | |
Corn | |
Actual (MT) | 935,859 |
Expectations (MT) | 650,000-1,200,000 |
Comments | Export inspections fell 73,008 MT from last week’s tally. Inspections are running 30.7% ahead of a year ago, compared to 37.5% ahead last week. USDA projects exports in 2024-25 at 2.325 billion bu., 1.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 296,106 |
Expectations (MT) | 200,000-400,000 |
Comments | Export inspections fell 68,677 MT from the previous week’s figure. Shipments are running 31.8% ahead of year-ago, compared to 31.2% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 2,088,361 |
Expectations (MT) | 1,475,000-2,400,000 |
Comments | Export inspections fell 29,019 MT from last week’s tally. Inspections are running 16.2% ahead of a year ago, compared to 12.0% ahead of a year ago. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24. |