USDA’s Weekly Grain Export Inspections Week Ended Dec. 7, 2023 | |
Corn | |
Actual (MT) | 711,733 |
Expectations (MT) | 700,000-1,175,000 |
Comments | Export inspections are down 464,719 MT from last week’s tally. Inspections are running 28.1% ahead of a year ago, compared to 24.0% ahead last week. USDA projects exports in 2023-24 at 2.025 billion bu., 21.9% above the previous marketing year. |
Wheat | |
Actual (MT) | 281,697 |
Expectations (MT) | 190,000-400,000 |
Comments | Export inspections are up 93,742 MT from the previous week’s figure. Shipments are running 22.7% behind a year-ago, compared to 23.8% last week. USDA projects exports in 2023-24 at 700 million bu., down 7.8% from the previous marketing year. |
Soybeans | |
Actual (MT) | 984,410 |
Expectations (MT) | 700,000-1,600,000 |
Comments | Export inspections are down 188,847 MT from last week’s tally. Inspections are running 16.2% behind a year ago, compared to 13.7% behind last week. USDA’s 2023-24 export forecast of 1.755 billion bu., which is 11.9% below 2023-22. |