Soybean Export Inspections Surge, Corn Also Improves

October 7, 2013 09:07 AM
 

While the government shutdown remains in effect, Reuters reports the following highlights of the Grain Export Inspections Report for the week ended Oct. 3, 2013, based on data from USDA's Federal Grain Inspection Service.

 

USDA Weekly Grain Export Inspections
Week Ended Oct. 3, 2013

Corn

Actual (million bu.)

25.267

Expectations (million bu.)

NA

Comments:

Inspections were up 3.355 million bu. from last week.  USDA's 2013-14 export forecast of 1.225 billion bu. is 66.7% above the previous marketing year.

Wheat

Actual (million bu.)

29.781

Expectations (million bu.)

NA

Comments:

Inspections declined 3.192 million bu. from last week. USDA's export forecast for the 2013-14 marketing year is at 1.100 billion bu., up 9.2% from the previous marketing year.

Soybeans

Actual (million bu.)

30.55

Expectations (million bu.)

NA

Comments:

Export inspections were up 16.262 million bu. from last week. USDA's 2013-14 export forecast is at 1.370 billion bu., up 4.2% from year-ago.

Link to USDA report.

 

 

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