USDA’s Weekly Grain Export Inspections Week Ended March 2, 2023 | |
Corn | |
Actual (MT) | 899,810 |
Expectations (MT) | 450,000-750,000 |
Comments | Export inspections are up 250,507 MT from last week’s tally. Inspections are running 38.3% behind a year-ago, compared to 38.3% behind last week. USDA projects exports in 2022-23 at 1.925 billion bu., 22.0% below the previous marketing year. |
Wheat | |
Actual (MT) | 268,136 |
Expectations (MT) | 300,000-600,000 |
Comments | Export inspections are down 385,147 MT from the previous week’s figure. Shipments are running 2.1% behind a year-ago, compared with 1.7% behind a year-ago last week. USDA projects exports in 2022-23 at 775 million bu., down 3.1% from the previous marketing year. |
Soybeans | |
Actual (MT) | 542,238 |
Expectations (MT) | 625,000-1,300,000 |
Comments | Export inspections are down 222,977 MT from last week’s tally. Inspections are running 2.9% ahead of a year ago, compared to 3.4% ahead last week. USDA’s 2022-23 export forecast of 1.990 billion bu. is 8.0% below 2021-22. |