USDA’s Weekly Grain Export Inspections Week Ended Feb. 9, 2022 | |
Corn | |
Actual (MT) | 511,506 |
Expectations (MT) | 360,000-800,000 |
Comments | Export inspections are up 17,506 MT from last week’s tally. Inspections are running 34.9% behind a year-ago, compared to 32.7% behind last week. USDA projects exports in 2022-23 at 1.925 billion bu., 22.0% below the previous marketing year. |
Wheat | |
Actual (MT) | 472,327 |
Expectations (MT) | 250,000-600,000 |
Comments | Export inspections are down 118,232 MT from the previous week’s figure. Shipments are running 1.5% behind a year-ago, compared with 2.1% 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) | 1,555,166 |
Expectations (MT) | 650,000-1,920,000 |
Comments | Export inspections are down 359,467 MT from last week’s tally. Inspections are running 1.6% ahead of a year ago, compared to 0.5% ahead last week. USDA’s 2022-23 export forecast of 1.990 billion bu. is 8.0% below 2021-22. |