USDA Grain Export Inspections for week ending 3/9
Wheat 💠249,017 MT
Corn Export Inspections are up 66,076 MT from last week’s tally. Inspections are running 37.0% behind a year-ago, compared to 38.3% behind last week. USDA projects exports in 2022-23 at 1.850 billion bu., 25.1% below the previous MY.
Wheat has dropped down 92,070 MT from the previous week’s figure. Shipments are running 2.0% behind a year-ago, compared with 2.1% behind a year-ago last week. USDA projects exports in 2022-23 at 775 million bu., down 3.1% from the previous MY
Soybeans are up 66,415 MT from last week’s numbers. Inspections are running 2.5% ahead of a year ago, compared to 2.9% ahead last week.
USDA’s 2022-23 export forecast of 2.015 billion bu. is 6.6% below 2021-22.
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