USDA’s Weekly Grain Export Inspections Week Ended April 27, 2023 | |
Corn | |
Actual (MT) | 1,518,202 |
Expectations (MT) | 700,000-1,350,000 |
Comments | Export inspections are up 579,361 MT from last week’s tally. Inspections are running 34.7% behind a year-ago, compared to 35.9% behind last week. USDA projects exports in 2022-23 at 1.850 billion bu., 25.1% below the previous marketing year. |
Wheat | |
Actual (MT) | 358,273 |
Expectations (MT) | 200,000-400,000 |
Comments | Export inspections are down 5,553 MT from the previous week’s figure. Shipments are running 2.8% behind a year-ago, compared with 2.8% 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) | 401,976 |
Expectations (MT) | 200,000-700,000 |
Comments | Export inspections are up 24,248 MT from last week’s tally. Inspections are running 0.4% ahead of a year ago, compared to 0.8% ahead last week. USDA’s 2022-23 export forecast of 2.015 billion bu. is 6.6% below 2021-22. |