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Pro Farmer/News/Agriculture News

Weekly export inspections edge lower on the week

Corn inspections during the week ended Dec. 26 led the decline, falling 268,000 MT from the previous week, while soybean and wheat inspections dropped 204,469 MT and 68,238 MT, respectively. However, net inspections were within pre-report estimates.

Hillari Mason
 • 
December 30, 2024 10:10 AM
grain ship.jpg
Weekly Export Inspections Report
(Chip Flory)

USDA’s Weekly Grain Export Inspections

Week Ended Dec. 26, 2024

Corn
Actual (MT)
878,380
Expectations (MT)
700,000-1,200,000
Comments
Export inspections fell 267,805 MT from last week’s tally. Inspections are running 28.5% ahead of a year ago, compared to 26.8% ahead last week. USDA projects exports in 2024-25 at 2.475 billion bu., 8.0% above the previous marketing year.
Wheat
Actual (MT)
337,685
Expectations (MT)
200,000-425,000
Comments
Export inspections fell 68,238 MT from the previous week’s figure. Shipments are running 27.1% ahead of year-ago, compared to 27.2% ahead last week. USDA projects exports in 2024-25 at 850 million bu., up 20.2% from the previous marketing year.
Soybeans
Actual (MT)
1,569,439
Expectations (MT)
800,000-1,750,000
Comments
Export inspections fell 204,469 MT from last week’s tally. Inspections are running % ahead of a year ago, compared to 21.1% ahead last week. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24..
Agriculture News