USDA’s Weekly Grain Export Inspections Week Ended Jan. 6, 2022 | |
Corn | |
Actual (MT) | 1,022,677 |
Expectations (MT) | 600,000-1,250,000 |
Comments | Inspections increased 263,114 MT from last week’s figure, which was increased 163,471 MT. Inspections are running 15.0% behind year-ago, which compares to 15.3% behind last week. USDA’s 2021-22 export forecast of 2.500 billion bu. is 9.2% below 2020-21. |
Wheat | |
Actual (MT) | 233,159 |
Expectations (MT) | 175,000-400,000 |
Comments | Export inspections increased 2,798 MT from the previous week’s figure, which was increased 88,545 MT. Shipments are running 18.7% behind year-ago, which compares to 19.5% behind last week. USDA projects exports in 2021-22 at 840 million bu., 15.3% below 2020-21. |
Soybeans | |
Actual (MT) | 905,149 |
Expectations (MT) | 950,000-1,500,000 |
Comments | Export inspections declined 709,009 MT from last week’s tally, which was increased 422,419 MT. Inspections remain running 23.1% behind year-ago, compared to 22.7% last week. USDA’s 2021-22 export forecast of 2.050 billion bu. is 9.5% below 2020-21. |