USDA’s Weekly Grain Export Inspections Week Ended Nov. 25, 2021 | |
Corn | |
Actual (MT) | 766,063 |
Expectations (MT) | 575,000-1,200,000 |
Comments | Inspections increased 59,587 MT from last week’s tally, which was revised up 207,160 MT from the initial figure. Inspections are running 17.0% behind year-ago, which compares to 18.2% behind year-ago last week. USDA’s 2021-22 export forecast of 2.500 billion bu. is 9.2% below 2020-21. |
Wheat | |
Actual (MT) | 250,651 |
Expectations (MT) | 175,000-400,000 |
Comments | Export inspections increased 57,829 MT from the previous week’s light tally. Shipments are running 16.9% behind year-ago, which compares to 15.5% behind last week. USDA projects exports in 2021-22 at 860 million bu., 13.3% below 2020-21. |
Soybeans | |
Actual (MT) | 2,142,844 |
Expectations (MT) | 1,000,000-2,000,000 |
Comments | Export inspections declined 289,051 MT from last week’s tally, which was revised up 747,757 MT from the initial figure. Inspections are running 22.5% behind year-ago, which compares to 26.9% behind year-ago the week prior. USDA’s 2021-22 export forecast of 2.050 billion bu. is 9.5% below 2020-21. |