Export inspections in the US are mostly lower than last week

Wheat

Published Jun 13, 2023

Tridge summary

Export inspections mostly lower than last week June 12, 2023 By John Perkins Filed Under: Ag Exports, Corn, Crops, Grains, News, Soybeans, Trade, USDA, Wheat

Original content

The USDA is reporting another generally bearish week for U.S. export inspections. Export competition is strong right now for most key commodities, which is due to several factors, including seasonal supply and demand trends and the strength of the dollar relative to other major currencies. The 2023/24 marketing year got underway June 1st, 2023 for wheat, while 2022/23 kicked off September 1st, 2022 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out July 12th.Wheat came out at 246,559 tons, down 57,841 from the week ending June 1st and 165,357 from the week ending June 9th, 2022. The leading destinations were the Philippines and Yemen. Early in the 2023/24 marketing year, wheat inspections are 317,051 tons, compared to 638,625 in 2022/23.Corn was reported at 1,169,134 tons, 37,674 lower than the previous week and 52,688 below a year ago. The top destinations were Mexico and Japan. Just after the outset of the final quarter of the 2022/23 ...

Source: Brownfield Ag

What to read next

Grapes are beginning to sprout in Spain, but there is concern about drought and frost

PEefeagro · Apr 27, 2024

Chile: Easter Island is the first area in the world free of bee diseases

MXfruit · Apr 26, 2024

Bolivia and Argentina, main markets for Paraguayan Brahmin genetics

Productivacm · Apr 26, 2024

THE USDA predicted lower Chinese purchases of beef, but for now it is not happening: Business grew 22% in the first quarter, although with lower prices

Agromeat · Apr 27, 2024

The European Parliament approves a review of the common agricultural policy

Chacra Magazine · Apr 26, 2024

Read more relevant content

Sugar Demand Surges in India Amid Summer Heat and General Elections

Mzingaye Ndubiwa · Apr 26, 2024

On-the-Ground Updates

Frosty Weather in Poland Disrupts Apple Orchards, Prices Set to Rise in 2024

Theodoros Damvakaris · Apr 25, 2024

Forecasting Supply Chain Impact after EUDR Implementation: Lessons learned from EUTR

Hyunwoo Lee · Apr 25, 2024

Implications of the EUDR for the Malaysian and Indonesian Palm Oil Industries upon Implementation

Benjamin Lategan · Apr 25, 2024

Export Performance of Chile’s Processed Fruits During Jan-24 and Feb-24

Xchel Perez · Apr 24, 2024

Ensuring Compliance and Sustainability in the Cocoa Industry: Collaboration with the Rainforest Alliance

Mzingaye Ndubiwa · Apr 24, 2024

On-the-Ground Updates

Price of Fresh Cuttlefish Surged 9.1% WoW in the Italian Market Due to an Abundant Supply

Giselle Landaeta · Apr 24, 2024

The Bittersweet Story of Traceability and Ethical Sourcing Practices of Confectionery Industry Leaders

Sun Jae Lee · Apr 24, 2024

By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.