Agriculture

Export inspections below levels a week ago, a year ago

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Export inspections below levels a week ago, a year ago

The USDA says that during the week ending Nov. 24th, 2022, corn, sorghum, soybean and wheat export inspections are proceeding at the pace required to meet marketing year forecasts. The 2022/23 marketing year started on 1 JuneSt for wheat and 1 SeptemberSt for beans, corn and sorghum. The next set of USDA supply and demand estimates is released on December 9th.

Wheat came out at 198,519 tonnes, down 92,908 from the week ended November 17th and 192,252 from the week ending November 25th, 2021. The main destinations were Mexico and Ethiopia. Near the end of the first half of the 2022/23 marketing year, wheat inspections are at 10,489,503 tonnes, up from 10,904,295 in 2021/22.

Corn was reported at 302,350 tonnes, down 196,718 from the previous week and 504,580 below this time last year. The main destinations were Mexico and China. At the end of the first quarter of the marketing year, corn inspections are 5,807,815 tons, compared to 8,633,608 a year ago.

Soybeans were pegged at 2,022,443 tonnes, down 402,794 from the previous week and down 236,693 from a year ago. The main destinations were China and Germany. So far this marketing year, soybean inspections are 19,248,392 tons, up from 21,400,350 last year.

Sorghum totaled 3,068 tonnes, down 50,597 on the week and 187,581 on the year. The only destination listed was Mexico. 2022/23 sorghum inspections are 277,760 tonnes, up from 944,338 in 2021/22.



https://brownfieldagnews.com/news/export-inspections-below-week-ago-year-ago-levels/ Export inspections below levels a week ago, a year ago

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