USDA’s Weekly Grain Export Inspections Week Ended July 6, 2023 | |
Corn | |
Actual (MT) | 341,024 |
Expectations (MT) | 500,000-900,000 |
Comments | Export inspections are down 334,865 MT from last week’s tally. Inspections are running 32.0% behind a year-ago, compared to 31.4% behind last week. USDA projects exports in 2022-23 at 1.725 billion bu., 30.2% below the previous marketing year. |
Wheat | |
Actual (MT) | 419,134 |
Expectations (MT) | 200,000-400,000 |
Comments | Export inspections are up 76,959 MT from the previous week’s figure. Shipments are running 21.0% behind a year-ago, compared to 32.1% behind last week. USDA projects exports in 2023-24 at 725 million bu., down 6.5% from the previous marketing year. |
Soybeans | |
Actual (MT) | 238,234 |
Expectations (MT) | 125,000-400,000 |
Comments | Export inspections are down 24,298 MT from last week’s tally. Inspections are running 4.9% behind a year ago, compared to 4.8% behind last week. USDA’s 2022-23 export forecast of 2.000 billion bu. is 7.3% below 2021-22. |