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U.S. EXPORT INSPECTIONS

The U.S. Agriculture Department reported export inspections in 1000 bushels as follows:

Week Ended: 5/1/97 4/24/97 5/2/96
Wheat 12,944 10,074 21,309
Oats 0 0 0
Barley 0 0 90
Flaxseed 0 0 0
Corn 27,140 31,019 52,606
Sorghum 2,879 5,100 622
Soybeans 5,988 19,688 11,153
Sunflower 0 0 0
Total 48,951 65,881 85,780
Current Market Year Previous Market Year
Season to: To Date To Date
Wheat 932,743 1,177,274
Oats 368 484
Barley 21,040 60,725
Flaxseed 0 3
Corn 1,285,135 1,650,778
Sorghum 148,216 121,857
Soybeans 752,197 658,956
Sunflower 13 7,829
Total 3,139,712 3,677,906

Wheat Inspected And/Or Weighed For Export
By Class, Region, And Port Area (mill. bu.)

Hard Red Spring Hard Red Winter Soft Red Winter
Total Shipments 4,363 4,119 1,055
Soft White Durum Totals
Total 3,093 152 12,782

Soybean inspections were disappointing nearly 10 million bushels below trade estimates. Major destinations were Japan 3 mb and Mexico 1.5 mb. On the other hand, wheat inspections were nearly 3 mb higher than estimated with major destinations Japan 6.4 mb and Israel 2 mb. Corn inspections were at the low end of expectations with major destinations Japan 13 mb and Taiwan 6.5 mb.

May 5, 1997
DTN Grains

Consensus National Futures and Financial On Line Index
Grain and Oilseeds Index

Added to the WWW 05-10-97
Last updated on 05-30-97

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