USDA’s Weekly Grain Export Inspections Week Ended Jan. 13, 2022 | |
Corn | |
Actual (MT) | 1,204,188 |
Expectations (MT) | 800,000-1,200,000 |
Comments | Inspections increased 181,511 MT from last week’s figure. Inspections are running 12.6% behind year-ago, which compares to 15.0% behind last week. USDA projects exports in 2021-22 at 2.425 billion bu., 11.9% below the previous marketing year. |
Wheat | |
Actual (MT) | 369,188 |
Expectations (MT) | 800,000-1,200,000 |
Comments | Export inspections increased 134,832MT from the previous week’s figure, which was increased 1,197 MT. Shipments are running 17.8% behind year-ago, which compares to 18.7% behind last week. USDA projects exports in 2021-22 at 825 million bu., down 16.8% from the previous marketing year. |
Soybeans | |
Actual (MT) | 1,720,497 |
Expectations (MT) | 800,000-1,200,000 |
Comments | Export inspections increased 735,042 MT from last week’s tally, which was increased 80,306 MT. Inspections remain running 23.0% behind year-ago, compared to 23.1% last week. USDA’s 2021-22 export forecast of 2.050 billion bu. is 9.5% below 2020-21. |