USDA’s Weekly Grain Export Inspections Week Ended April 6, 2023 | |
Corn | |
Actual (MT) | 805,167 |
Expectations (MT) | 600,000-1,300,000 |
Comments | Export inspections are down 293,294 MT from last week’s tally. Inspections are running 37.1% behind a year-ago, compared to 36.7% behind last week. USDA projects exports in 2022-23 at 1.850 billion bu., 25.1% below the previous marketing year. |
Wheat | |
Actual (MT) | 335,444 |
Expectations (MT) | 150,000-500,000 |
Comments | Export inspections are up 166,901 MT from the previous week’s figure. Shipments are running 2.5% 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) | 669,566 |
Expectations (MT) | 375,000-800,000 |
Comments | Export inspections are up 165,666 MT from last week’s tally. Inspections are running 2.4% ahead of a year ago, compared to 2.8% ahead last week. USDA’s 2022-23 export forecast of 2.015 billion bu. is 6.6% below 2021-22. |