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.
Aug-28 472,914 4,433,842 49,763,188 44,717,223 97.5% 95.8% 17.377
Aug-21 393,189 1,361,196 49,279,891 44,214,289 96.6% 94.8% 14.447
Aug-14 502,794 946,060 48,867,578 43,794,726 95.8% 93.6% 18.475
Aug-07 544,246 810,281 48,367,647 43,388,486 94.8% 92.6% 19.998
Jul-31 628,110 745,731 47,834,010 43,037,528 93.7% 91.6% 23.079
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.
Aug-28 1,407,050 16,323,447 66,966,158 52,067,434 93.5% 90.3% 55.393
Aug-21 1,338,532 4,747,633 65,525,901 51,100,890 91.5% 89.0% 52.696
Aug-14 1,051,695 3,242,052 64,219,596 50,160,735 89.7% 87.6% 41.403
Aug-07 1,522,561 2,587,807 63,127,205 48,943,159 88.1% 86.1% 59.941
Jul-31 1,284,746 2,350,101 61,558,139 47,956,927 85.9% 84.6% 50.578
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.
Aug-28 802,780 327,502 6,639,531 5,796,865 27.9% 24.7% 29.497
Aug-21 1,020,254 337,779 5,762,969 5,192,440 24.2% 22.5% 37.488
Aug-14 400,227 349,054 4,811,510 4,640,068 20.2% 19.8% 14.706
Aug-07 414,865 350,778 4,366,891 4,265,764 18.3% 18.1% 15.244
Jul-31 689,730 352,636 3,911,270 3,596,707 16.4% 15.6% 25.343

Highlights

BEANS
Soybean export inspections for the week ending August 28 came in at 472,914 metric tonnes. Cumulative inspections year-to-date are 49,763,188 metric tonnes which is 11.3% above last year. This is 97.5% of the USDA's forecast for the 2024-25 marketing year versus the five year average of 95.8%.

CORN
Corn export inspections for the week ending August 28 came in at 1,407,050 metric tonnes. Cumulative inspections year-to-date are 66,966,158 metric tonnes which is 28.6% above last year. This is 93.5% of the USDA's forecast for the 2024-25 marketing year versus the five year average of 90.3%.

WHEAT
Wheat export inspections for the week ending August 28 came in at 802,780 metric tonnes. Cumulative inspections year-to-date are 6,639,531 metric tonnes which is 14.5% above last year. This is 27.9% of the USDA's forecast for the 2025-26 marketing year versus the five year average of 24.7%.

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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