USDA’s Weekly Grain Export Inspections Week Ended Nov. 7, 2024 | |
Corn | |
Actual (MT) | 793,012 |
Expectations (MT) | 600,000-950,000 |
Comments | Export inspections fell 58,627 MT from last week’s tally. Inspections are running 31.3% ahead of a year ago, compared to 33.7% ahead last week. USDA projects exports in 2024-25 at 2.325 billion bu., 1.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 347,321 |
Expectations (MT) | 175,000-350,000 |
Comments | Export inspections rose 141,523 MT from the previous week’s figure. Shipments are running 35.1% ahead of year-ago, compared to 34.7% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 2,277,907 |
Expectations (MT) | 2,000,000-2,450,000 |
Comments | Export inspections fell 29,945 MT from last week’s tally. Inspections are running 5.9% ahead of a year ago, compared to 3.5% ahead of a year ago. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24. |