USDA’s Weekly Grain Export Inspections Week Ended Feb. 2, 2022 | |
Corn | |
Actual (MT) | 480,205 |
Expectations (MT) | 440,000-800,000 |
Comments | Export inspections are down 62,784 MT from last week’s tally. Inspections are running 32.7% behind a year-ago, compared to 30.4% behind last week. USDA projects exports in 2022-23 at 1.925 billion bu., 22.0% below the previous marketing year. |
Wheat | |
Actual (MT) | 536,355 |
Expectations (MT) | 300,000-525,000 |
Comments | Export inspections are up 90,628 MT from the previous week’s figure. Shipments are running 2.1% behind a year-ago, compared with 2.9% 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) | 1,829,826 |
Expectations (MT) | 800,000-1,900,000 |
Comments | Export inspections are down 101,075 MT from last week’s tally. Inspections are running 0.5% ahead of a year ago, compared to 1.3% behind last week. USDA’s 2022-23 export forecast of 1.990 billion bu. is 8.0% below 2021-22. |