Business & Investment

Export inspection of soybeans and wheat is up every week

news

Export inspection of soybeans and wheat is up every week

According to USDA, as of the week until June 9ththTesting for corn, soybeans, and wheat was less than needed to meet the forecasts for each marketing year. The 2021/22 marketing year began on September 1ststBeans and Corn 2021 and 2022/23 Starts June 1, 2022st, 2022 for wheat. USDA’s next supply and demand estimate is July 12thth..

Wheat increased by 33,507 from the week leading up to June 2 to 388,847 tonnes.ndHowever, it decreased by 111,098 from the week until June 10.th, 2021. The main destinations were Mexico and Japan. At the beginning of the 2022/23 marketing year, wheat inspection was 615,556 tonnes, compared to 694,430 tonnes in 2021/22.

Corn was reported to be 1,199,976 tonnes, a decrease of 258,543 from the previous week and a decrease of 411,012 from a year ago. The main destinations were China and Mexico. Corn inspection in the final quarter of the marketing year was 44,956,885 tonnes and last year was 54,219,312 tonnes.

The fixed exchange rate system for soybeans was 605,129 tons, an increase of 239,674 tons from the previous week and 463,809 tons from last year. The top destinations were Mexico and Japan. So far, this year’s soybean inspection is 50,473,191 tons, compared to 57,048,412 a year ago.

Sorgham totaled 140,003 tonnes, a decrease of 67,950 tonnes per week and 11,282 tonnes per year. The biggest destination was China, followed by Mexico. The 2021/22 sorghum test is 6,468,775 tons, compared to 6,422,914 in 2020/21.



Export inspection of soybeans and wheat is up every week

https://brownfieldagnews.com/news/soybean-wheat-export-inspections-up-on-week-4/ Export inspection of soybeans and wheat is up every week

Back to top button