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U.S. EXPORT INSPECTIONS
The U.S. Agriculture Department reported export inspections in 1000 bushels as follows:
Week Ended: 10/23/97 10/16/97 10/24/96 Wheat 12,469 25,306 25,980 Oats 0 0 0 Barley 1,002 4,974 0 Corn 22,365 20,132 37,499 Sorghum 2,033 2,933 4,188 Soybeans 48,464 42,699 27,474 Sunflower 0 0 0 Total 86,344 96,044 95,461 Current Previous Market Year Market Year Season to: To Date To Date Wheat 486,905 538,737 Oats 113 26 Barley 49,908 11,482 Corn 227,188 192,962 Sorghum 26,720 23,445 Soybeans 156,154 111,761 Sunflower 0 1 Total 946,886 878,714Wheat Inspected And/Or Weighed For Export
Hard Red Hard Red Soft Red Spring Winter Winter Total Shipments 4,758 4,399 1,209 Soft White Durum Mixed Total 1,754 592 12,712 By Class, Region, And Port Area (mill. bu.)
Another huge week for soybean inspections, nearly 6 million bushels bigger than last week and nearly 21 million bushels over last year. Major buyers were China 6.7 mb and Taiwan 5.8 mb. Corn inspections were slightly disappointing, just below the low end of trade expectations. Major corn buyers were Japan 13.3 mb and Saudi Arabia 1.5 mb. Wheat inspections were well below expectations at only half of week ago levels. Major buyers were Japan 2.6 mb and Venezuela 1.1 mb.
October 27, 1997 DTN Grains
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