Weekly Export Inspections
Corn: 1,121,912 metric tons (44,167,712 bushels). This was within the range of expectations and inline with last week’s inspections.
Soybeans: 706,334 metric tons (25,953,324 bushels). This was near the lower end of expectations and well below the 1,160,392 we saw in last week’s report.
Wheat: 402,874 metric tons (14,803,081 bushels). Right smack dab in the middle of expectations and a hair more than what we saw last week.
Cancellation of Export Sales to China
Private exporters reported the cancellations of sales of 264,000 metric tons (9,700,336 bushels) of soft red winter wheat for delivery to China during the 2023/2024 marketing year. This was the third straight day of cancellations which brings the 3-day total to 504,000 metric tons (18,518,824 bushels).
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