USDA’s Weekly Grain Export Inspections Week Ended Sept. 26, 2024 | |
Corn | |
Actual (MT) | 1,140,079 |
Expectations (MT) | 500,000-1,150,000 |
Comments | Export inspections fell 10,226 MT from last week’s tally. Inspections are running 23.7% ahead of a year ago, compared to 5.9% ahead last week. USDA projects exports in 2024-25 at 2.300 billion bu., 0.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 536,929 |
Expectations (MT) | 400,000-675,000 |
Comments | Export inspections fell 185,679 MT from the previous week’s figure. Shipments are running 35.2% ahead of year-ago, compared to 35.7% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 675,749 |
Expectations (MT) | 350,000-1,000,000 |
Comments | Export inspections rose 177,163 MT from last week’s tally. Inspections are running 3.4% behind a year ago, compared to 6.1% behind a year ago. USDA’s 2024-25 export forecast of 1.850 billion bu., up 8.8% from 2023-24. |