USDA’s Weekly Grain Export Inspections Week Ended Nov. 23, 2023 | |
Corn | |
Actual (MT) | 406,680 |
Expectations (MT) | 450,000-750,000 |
Comments | Export inspections are down 194,388 MT from last week’s tally. Inspections are running 24.9% ahead of a year ago, compared to 23.8% ahead last week. USDA projects exports in 2023-24 at 2.025 billion bu., 21.9% above the previous marketing year. |
Wheat | |
Actual (MT) | 276,585 |
Expectations (MT) | 200,000-500,000 |
Comments | Export inspections are down 89,887 MT from the previous week’s figure. Shipments are running 23.2% behind a year-ago, compared to 24.0% last week. USDA projects exports in 2023-24 at 700 million bu., down 7.8% from the previous marketing year. |
Soybeans | |
Actual (MT) | 1,443,385 |
Expectations (MT) | 1,000,000-1,900,000 |
Comments | Export inspections are down 187,705 MT from last week’s tally. Inspections are running 10.9% behind a year ago, compared to 8.3% behind last week. USDA’s 2023-24 export forecast of 1.755 billion bu., which is 11.9% below 2023-22. |