USDA’s Weekly Grain Export Inspections Week Ended Nov. 9, 2023 | |
Corn | |
Actual (MT) | 608,810 |
Expectations (MT) | 400,000-750,000 |
Comments | Export inspections are up 34,252 MT from last week’s tally. Inspections are running 23.1% ahead of a year ago, compared to 22.8% ahead last week. USDA projects exports in 2023-24 at 2.025 billion bu., 21.9% above the previous marketing year. |
Wheat | |
Actual (MT) | 207,205 |
Expectations (MT) | 150,000-350,000 |
Comments | Export inspections are up 92,887 MT from the previous week’s figure. Shipments are running 25.6% behind a year-ago, compared to 26.8% last week. USDA projects exports in 2023-24 at 700 million bu., down 7.8% from the previous marketing year. |
Soybeans | |
Actual (MT) | 1,666,467 |
Expectations (MT) | 1,750,000-2,250,000 |
Comments | Export inspections are down 516,368 MT from last week’s tally. Inspections are running 5.6% behind a year ago, compared to 5.0% behind last week. USDA’s 2023-24 export forecast of 1.755 billion bu., which is 11.9% below 2023-22. |