| USDA Weekly Grain Export Inspections Week Ended September 21, 2017 | |
| Corn | |
| Actual (MT) | 738,779 |
| Expectations (MT) | 700,000-900,000 |
| Comments: | Inspections are up 50,783 MT from the previous week and the tally was near the lower end of what traders expected. Inspections are running 51.0% behind year-ago early in 2017-18 versus 53.8% behind the week prior. USDA’s 2017-18 export forecast of 1.850 billion bu. is down 19.4% from the previous marketing year. |
| Wheat | |
| Actual (MT) | 499,995 |
| Expectations (MT) | 350,000-550,000 |
| Comments: | Inspections climbed 31,291 MT from the previous week and matched expectations. Inspections are running 2.6% behind year-ago versus 1.7% ahead of year-ago last week. USDA’s export forecast for 2017-18 is at 975 million bu., down 7.6% from the previous marketing year. |
| Soybeans | |
| Actual (MT) | 1,030,051 |
| Expectations (MMT) | 1,000,000-1,300,000 |
| Comments: | Export inspections are up 98,637 MT from the previous week, and near the lower end of expectations. Inspections for 2017-18 are running 33.4% ahead of year-ago versus 6.4% behind year-ago at the start of the marketing year. USDA’s 2017-18 export forecast is at 2.250 billion bu., up 3.7% from year-ago. |
