Slow pace continues for export inspections


Slow pace continues for export inspections

The USDA says export inspections during the week ending September 9th continued to show the impact of Hurricane Ida on shipping out of southern Louisiana. Operations are slowly coming back on line, but more repairs will be needed. The USDA’s next set of supply and demand estimates is out October 12th. The 2021/22 marketing year started June 1st, 2021 for wheat and September 1st, 2021 for corn, sorghum, and soybeans.

Wheat came out at 547,943 tons, up 135,294 from the week ending September 2nd, but down 146,211 from the week ending September 10th, 2020. The main destinations were Mexico and the Philippines. Just over a quarter into the 2021/22 marketing year, wheat inspections are 7,066,057 tons, compared to 8,161,321 in 2020/21.

Corn was reported at 138,189 tons, a decline of 140,105 from the previous week and 800,924 from this time last year. The leading destination was Mexico, followed by Taiwan. Early in the marketing year, corn inspections are 177,642 tons, compared to 1,211,033 a year ago.

Soybeans were pegged at 105,368 tons, 14,765 more than the prior week, but 1,529,278 less than a year ago. The top destinations were China and Mexico. So far, this marketing year, soybean inspections are 135,722 tons, compared to 2,316,873 last year.

Sorghum totaled 4,526 tons, an increase of 695 on the week, but a decrease of 67,939 on the year. The lone destination was Mexico. 2021/22 sorghum inspections are 5,8,43 tons, compared to 105,561 in 2020/21.