USDA’s Weekly Grain Export Inspections Week Ended Oct. 24, 2024 | |
Corn | |
Actual (MT) | 823,664 |
Expectations (MT) | 700,000-1,400,000 |
Comments | Export inspections MT fell 177,498 from last week’s tally. Inspections are running 33.0% ahead of a year ago, compared to 30.6% ahead last week. USDA projects exports in 2024-25 at 2.325 billion bu., 1.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 248,534 |
Expectations (MT) | 200,000-350,000 |
Comments | Export inspections fell 19,941 MT from the previous week’s figure. Shipments are running 33.5% ahead of year-ago, compared to 33.7% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 2,393,628 |
Expectations (MT) | 2,000,000-2,550,000 |
Comments | Export inspections fell 154,957 MT from last week’s tally. Inspections are running 2.2% ahead of a year ago, compared to 2.9% behind a year ago. USDA’s 2024-25 export forecast of 1.850 billion bu., up 9.1% from 2023-24. |