BAL 
$61.00  0.29%  
CANE 
$12.17  1.07%  
JO 
$54.00  1.22%  
NIB 
$36.29  1.65%  
IEF 
$91.62  0.75%  
^UGA-IV 
$72.80  0.67%  
UNG 
$14.19  4.73%  
USO 
$81.54  0.01%  
FXA 
$63.76  0.32%  
FXB 
$119.69  0.01%  
FXC 
$70.91  0.14%  
FXE 
$98.09  0.14%  
FXF 
$97.48  0.12%  
FXY 
$60.06  0.63%  
UUP 
$28.89  0.17%  
CORN 
$19.81  0.58%  
SOYB 
$24.72  0.76%  
WEAT 
$5.33  0.37%  
JJC 
$19.56  1.24%  
GLD 
$220.69  1.75%  

Grain Export Inspections. Corn is King, Wheat Misses the Mark.

Export Inspections

Corn💠1,097,664 MT

Soybeans💠499,054 MT

Wheat 💠 168,543 MT

Weekly wheat inspections fall outside of the pre-report range.
168,543 MT of wheat export inspections were reported for the week ending March 30, exceeding the low end of the pre-report range by more than 130,000 MT. While impressive, corn inspections are still running over 37% behind where they were last year.

CORN-From last week’s total, there have been 409,275 more export inspections. Compared to previous week, when inspections were 36.1% behind schedule, they are now 36.7% behind schedule. The USDA predicts 1.850 billion bu. in exports in 2022–2023—a 25.1% decrease from the prior marketing year.

SOYBEANS-Inspections of soybeans decreased by 235,310 MT from the prior week’s total. Compared to 1.6% behind a year ago last week, shipments are running 2.1% behind schedule. USDA forecasts 775 million bu. in exports in 2022–2023—a 3.1% decrease from the prior marketing year.

WHEAT-The number of export inspections has decreased by 393,032 MT from previous week. Compared to 2.9% ahead last week, inspections are currently 2.8% ahead of where they were a year ago. USDA predicts 2.015 billion bu. in exports in 2022–23, which is 6.6% less than in 2021–22.

The risk of loss in trading futures and/or options is substantial and each investor and/or trader must consider whether this is a suitable investment. Past performance, whether actual or indicated by simulated historical tests of strategies, is not indicative of future results.

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