TAGS: Marketing, Overseas
December 18, 2014
Following are highlights of the Weekly Grain Export Inspections Report for the week ended March 22, 2012:
USDA Weekly Grain Export Inspections
Week Ended March 22, 2012
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Actual (million bu.)
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22.216
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Expectations (million bu.)
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28-33
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Comments:
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Inspections were well below expectations and about 1 million bu. below last week's tally. Inspections are running 4.7% behind of year-ago, compared to 2.5% behind last week. USDA's 2011-12 export forecast is at 7.4% below the previous marketing year at 1.7 billion bushels.
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Wheat
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Actual (million bu.)
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15.358
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Expectations (million bu.)
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23-28
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Comments:
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Inspections were below expectations and 5.865 million bu. below last week's tally. Inspections are running 16.2% below year-ago, compared to 15.2% below last week. USDA's export forecast for the 2011-12 marketing year is 975 million bu., down 24.4% from the previous marketing year. |
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Soybeans
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Actual (million bu.)
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24.913
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Expectations (million bu.)
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20-29
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Comments:
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Inspections were within expectations and about 1 million bu. above last week's tally. Inspections for the new marketing year are running 22.9% below year-ago, compared to 23.0% below last week. USDA's 2011-12 export forecast is at 1 billion bu., down 22.4% from year-ago.
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Link to USDA report.
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