USDA’s Weekly Grain Export Inspections Week Ended Nov. 11, 2021 | |
Corn | |
Actual (MT) | 855,698 |
Expectations (MT) | 485,000-750,000 |
Comments | Inspections increased 206,675 MT from last week’s tally. Inspections are running 17.6% behind year-ago, which compares to 20.6% behind year-ago last week. USDA’s 2021-22 export forecast of 2.500 billion bu. is 9.2% below 2020-21. |
Wheat | |
Actual (MT) | 388,743 |
Expectations (MT) | 150,000-375,000 |
Comments | Export inspections increased 137,291 MT from previous week’s light tally. Shipments are running 14.4% behind year-ago, which compares to 15.4% behind last week. USDA projects exports in 2021-22 at 860 million bu., 13.3% below 2020-21. |
Soybeans | |
Actual (MT) | 2,073,579 |
Expectations (MT) | 1,625,000-2,500,000 |
Comments | Export inspections declined 836,521 MT from last week’s tally, which was revised up 263,208 MT from the initial figure. Inspections are running 28.2% behind year-ago, which compares to 30.8% behind year-ago the week prior. USDA’s 2021-22 export forecast of 2.050 billion bu. is 9.5% below 2020-21. |