USDA’s Weekly Grain Export Inspections Week Ended June 1, 2023 | |
Corn | |
Actual (MT) | 1,180,954 |
Expectations (MT) | 800,000-1,400,000 |
Comments | Export inspections are down 165,438 MT from last week’s tally. Inspections are running 31.7% behind a year-ago, compared to 32.2% behind last week. USDA projects exports in 2022-23 at 1.850 billion bu., 25.1% below the previous marketing year. |
Wheat | |
Actual (MT) | 291,599 |
Expectations (MT) | 200,000-450,000 |
Comments | Export inspections are down 99,693 MT from the previous week’s figure. Shipments are running 74.6% behind a year-ago. USDA projects exports in 2023-24 at 725 million bu., down 6.5% from the previous marketing year. |
Soybeans | |
Actual (MT) | 214,247 |
Expectations (MT) | 150,000-400,000 |
Comments | Export inspections are down 28,819 MT from last week’s tally. Inspections are running 2.5% behind a year ago, compared to 2.2% behind last week. USDA’s 2022-23 export forecast of 2.015 billion bu. is 6.6% below 2021-22. |