USA: Grain export inspections mixed on the week

Published 2022년 12월 27일

Tridge summary

The article reports on the recent wheat export inspections in the US, which slightly exceed the pace required to meet USDA projections for the current marketing year. The data is for the week ending December 22nd and covers the period from June 1st for wheat and September 1st for corn, sorghum, and soybeans. The article provides figures for these crops, showing a slight decrease in wheat inspections from the previous week, but an increase compared to the same week last year. Corn inspections have also seen an increase from the previous week but a decrease from the same week last year. Soybean inspections have decreased from the previous week but have slightly increased from the same week last year. Sorghum inspections have significantly increased from the previous week but have decreased from the same week last year. The article also mentions the leading destinations for these crops and compares the inspections data to the same period last year.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Wheat export inspections as of the week ending December 22nd are slightly ahead of the pace needed to meet USDA projections for the current marketing year. The 2022/23 marketing year started June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out January 12th, 2023.Wheat came out at 280,554 tons, down 23,554 from the week ending December 15th and 33,948 from the week ending December 23rd, 2021. The top destinations were Mexico and Thailand. Just over the halfway point of the 2022/23 marketing year, wheat inspections are 11,721,154 tons, compared to 11,970,059 in 2021/22.Corn was reported at 856,606 tons, 29,651 higher than the previous week, but 97,882 lower than a year ago. The leading destinations were Mexico and China. Early in the second quarter of the marketing year, corn inspections are 8,842,530 tons, compared to 12,306,924 a year ago.Soybeans were pegged at 1,753,085 tons, 210,237 less than the week ...

Source: Brownfield Ag