USDA’s Weekly Grain Export Inspections Week Ended Sept. 12, 2024 | |
Corn | |
Actual (MT) | 521,118 |
Expectations (MT) | 250,000-1,000,000 |
Comments | Export inspections fell 318,180 MT from last week’s tally. Inspections are running 24.4% behind a year ago. USDA projects exports in 2024-25 at 2.300 billion bu., 0.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 556,901 |
Expectations (MT) | 350,000-650,000 |
Comments | Export inspections were down 63,901 MT from the previous week’s figure. Shipments are running 34.1% ahead of year-ago, compared to 29.8% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 401,287 |
Expectations (MT) | 325,000-650,000 |
Comments | Export inspections rose 36,284 MT from last week’s tally. Inspections are running 16.1% behind a year ago. USDA’s 2024-25 export forecast of 1.850 billion bu., up 8.8% from 2023-24. |