USDA’s Weekly Grain Export Inspections Week Ended April 28, 2022 | |
Corn | |
Actual (MT) | 1,683,994 |
Expectations (MT) | 1,000,000-1,775,000 |
Comments | Export inspections increased 18,889 MT from last week’s tally, which was increased 14,261 MT from the original figure. Inspections are running 16.1% behind year-ago, which compares to 15.8% behind last week. USDA projects exports in 2021-22 at 2.500 billion bu., 9.2% below the previous marketing year. |
Wheat | |
Actual (MT) | 384,460 |
Expectations (MT) | 225,000-500,000 |
Comments | Export inspections increased 94,853 MT from the previous week’s figure, which was increased 1,610 MT from the original figure. Shipments are running 19.1% behind year-ago, which compares to 19.0% behind last week. USDA projects exports in 2021-22 at 785 million bu., down 20.9% from the previous marketing year. |
Soybeans | |
Actual (MT) | 601,282 |
Expectations (MT) | 500,000-1,000,000 |
Comments | Export inspections decreased 4,103 MT from last week’s tally, which was increased 3,207 MT from the original figure. Inspections are running 15.2% behind year-ago, compared to 16.1% last week. USDA’s 2021-22 export forecast of 2.115 billion bu. is 6.5% below 2020-21. |