USDA’s Weekly Grain Export Inspections Week Ended Nov. 14, 2024 | |
Corn | |
Actual (MT) | 820,608 |
Expectations (MT) | 650,000-900,000 |
Comments | Export inspections rose 23,361 MT from last week’s tally. Inspections are running 31.9% ahead of a year ago, compared to 31.3% ahead last week. USDA projects exports in 2024-25 at 2.325 billion bu., 1.4% above the previous marketing year. |
Wheat | |
Actual (MT) | 196,281 |
Expectations (MT) | 300,000-425,000 |
Comments | Export inspections fell 157,126 MT from the previous week’s figure. Shipments are running 31.4% ahead of year-ago, compared to 35.1% ahead last week. USDA projects exports in 2024-25 at 825 million bu., up 16.7% from the previous marketing year. |
Soybeans | |
Actual (MT) | 2,165,075 |
Expectations (MT) | 1,900,000-2,500,000 |
Comments | Export inspections fell 198,066 MT from last week’s tally. Inspections are running 9.2% ahead of a year ago, compared to 5.9% ahead of a year ago. USDA’s 2024-25 export forecast of 1.825 billion bu., up 7.7% from 2023-24. |