USDA’s Weekly Grain Export Inspections Week Ended Nov. 21, 2024 | |
Corn | |
Actual (MT) | 903,049 |
Expectations (MT) | 700,000-950,000 |
Comments | Export inspections rose 29,388 MT from last week’s tally. Inspections are running 37.5% ahead of a year ago, compared to 31.9% ahead last week. USDA projects exports in 2024-25 at 2.325 billion bu., 1.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 360,513 |
Expectations (MT) | 175,000-400,000 |
Comments | Export inspections rose 163,770 MT from the previous week’s figure. Shipments are running 31.2% ahead of year-ago, compared to 31.4% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 2,102,002 |
Expectations (MT) | 1,400,000-2,400,000 |
Comments | Export inspections fell 164,413 MT from last week’s tally. Inspections are running 12.0% ahead of a year ago, compared to 9.2% ahead of a year ago. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24. |