Weekly Export Inspections Summary
Soybeans - 2024-25 Marketing Year
Pace to Hit Cumulative Percent of USDA Est. Current
Week Ending Current USDA Est. Current Yr. Ago Current 5 Year Avg. in Million Bu.
Jun-05 547,040 420,143 45,188,245 40,543,390 89.7% 86.5% 20.100
May-29 301,459 432,187 44,608,089 40,309,329 88.6% 86.0% 11.077
May-22 200,022 421,076 44,334,628 39,948,112 88.1% 85.5% 7.350
May-15 225,358 406,789 44,131,939 39,725,135 87.7% 84.9% 8.280
May-08 439,545 396,139 43,898,598 39,532,903 87.2% 84.2% 16.151
Corn - 2024-25 Marketing Year
Pace to Hit Cumulative Percent of USDA Est. Current
Week Ending Current USDA Est. Current Yr. Ago Current 5 Year Avg. in Million Bu.
Jun-05 1,656,562 1,280,982 50,302,217 39,134,232 76.2% 69.7% 65.216
May-29 1,641,722 1,314,198 48,579,939 37,793,477 73.6% 67.3% 64.632
May-22 1,419,437 1,334,151 46,980,702 36,376,989 71.1% 64.6% 55.881
May-15 1,760,433 1,340,919 45,543,097 35,246,661 69.0% 62.0% 69.305
May-08 1,300,112 1,368,805 43,748,038 34,010,482 66.2% 59.6% 51.183
Wheat - 2025-26 Marketing Year
Pace to Hit Cumulative Percent of USDA Est. Current
Week Ending Current USDA Est. Current Yr. Ago Current 5 Year Avg. in Million Bu.
Jun-05 290,957 335,285 168,084 297,315 .8% .8% 10.691
May-29 - - - - - - -
May-22 - - - - - - -
May-15 - - - - - - -
May-08 - - - - - - -

Highlights

BEANS
Soybean export inspections for the week ending June 5 came in at 547,040 metric tonnes. Cumulative inspections year-to-date are 45,188,245 metric tonnes which is 11.5% above last year. This is 89.7% of the USDA's forecast for the 2024-25 marketing year versus the five year average of 86.5%.

CORN
Corn export inspections for the week ending June 5 came in at 1,656,562 metric tonnes. Cumulative inspections year-to-date are 50,302,217 metric tonnes which is 28.5% above last year. This is 76.2% of the USDA's forecast for the 2024-25 marketing year versus the five year average of 69.7%.

WHEAT
Wheat export inspections for the week ending June 5 came in at 290,957 metric tonnes. Cumulative inspections year-to-date are 168,084 metric tonnes which is 43.5% below last year. This is 0.8% of the USDA's forecast for the 2025-26 marketing year versus the five year average of 0.8%.

Definition

This report contains a weekly summary of grains weighed for export in metric tons, including totals for the current and previous market year to date. Included are grains prepared for export weekly by country of destination and port area.

Description

This report provides a weekly update of US exports of corn, wheat and soybeans. The data compiled in this report is a measure of actual exports leaving the country. Exports are covered in greater detail in the weekly Export Sales report, which is released on Thursday, but because this report is released out on Mondays, it offers an earlier glimpse of the week’s exports.

This report presents export inspections data for the week ending the previous Thursday. It also includes the data from the previous week and a year ago. It includes cumulative data for the current marketing year and the cumulative number for the same week a year ago.

Analysts like to compare the current year’s export inspections pace with previous years. They also measure the pace against the USDA’s export forecast for the entire marketing year. For example, if cumulative US soybean export inspections have reached 45% of the USDA’s forecast for the entire marketing year, while the five-year average for that week was only 40%, it would suggest that exports are running stronger than what the USDA has forecast. This could draw an analyst to conclude that the USDA will revise its export forecast higher in future Supply/Demand (WASDE) reports.

The reports also include detail on the destinations for the exports, which is helpful when tracking certain customers (China for example) whose buying patterns may be of particular interest.

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