BAL 
$61.00  0.29%  
CANE 
$12.16  1.18%  
JO 
$54.00  1.22%  
NIB 
$36.29  1.65%  
IEF 
$91.59  0.79%  
^UGA-IV 
$72.37  1.24%  
UNG 
$14.14  5.07%  
USO 
$81.38  0.18%  
FXA 
$63.87  0.15%  
FXB 
$119.75  0.04%  
FXC 
$71.00  0.02%  
FXE 
$98.14  0.09%  
FXF 
$97.47  0.11%  
FXY 
$60.07  0.62%  
UUP 
$28.88  0.14%  
CORN 
$19.81  0.53%  
SOYB 
$24.75  0.66%  
WEAT 
$5.33  0.37%  
JJC 
$19.56  1.24%  
GLD 
$219.03  0.99%  

USDA Crop Conditions & Export Inspections

crop conditions

Corn🔹(G+E%) 55

-6% WoW

Soybeans🔹(G+E%) 54

-5% WoW

Spring Wheat🔹(G+E%) 51

-9% WoW

Winter Wheat🔹(G+E%) 38

+0% WoW

Export Inspections

Corn- 877,310 MT Corn inspections compared to last week’s tally, export inspections have decreased by 292,804 MT. Currently, inspections are running 30.7% behind the levels seen a year ago, which is slightly less than the 30.9% decrease observed last week. According to USDA projections, exports for the marketing year 2022-23 are expected to reach 1.725 billion bushels, marking a 30.2% decline compared to the previous marketing year.

Soybeans- 185,184 MT Export inspections for soybeans last week increased by 37,612 MT. Currently, inspections are running 3.8% behind the levels observed a year ago, slightly higher than the 3.3% decrease recorded last week. According to USDA’s forecast for 2022-23, exports are projected to reach 2.000 billion bushels, representing a 7.3% decline compared to the previous marketing year of 2021-22.

Wheat- 237,820 MT Wheat shows a decrease of 10,138 MT in export inspections. A year ago, shipments are trailing by 43.6%, which is less than the 50.4% lag from last week. USDA anticipates a 6.5% decline in exports for the 2023-24 marketing year, projecting it at 725 million bu., lower than the previous year.

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