USDA’s Weekly Grain Export Inspections Week Ended June 16, 2022 | |
Corn | |
Actual (MT) | 1,184,268 |
Expectations (MT) | 600,000-1,300,000 |
Comments | Export inspections declined modestly from last week’s tally. Inspections are running 17.6% behind year-ago, which compares to 17.1% behind last week. USDA projects exports in 2021-22 at 2.450 billion bu., 11.0% below the previous marketing year. |
Wheat | |
Actual (MT) | 331,328 |
Expectations (MT) | 300,000-500,000 |
Comments | Export inspections declined 80,588 MT from the previous week’s figure. Shipments are running 22.4% behind year-ago, compared with 11.4% behind year-ago last week. USDA projects exports in 2022-23 at 775 million bu., down 3.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 427,344 |
Expectations (MT) | 300,000-625,000 |
Comments | Export inspections fell 180,772 MT from last week’s tally. Inspections are running 11.1% behind year-ago, compared to 11.5% last week. USDA’s 2021-22 export forecast of 2.170 billion bu. is 4.0% below 2020-21. |