U.S. EXPORT INSPECTIONS
The U.S. Agriculture Department reported export inspections in 1000 bushels as follows:
Week Ended: 10/2/97 9/25/97 10/3/96 Wheat 36,096 23,293 26,565 Oats 0 0 0 Barley 4,476 3,976 473 Corn 29,703 34,316 29,892 Sorghum 3,533 6,781 5,155 Soybeans 12,528 8,006 10,144 Total 86,336 76,372 72,229 Current Previous Market Year Market Year Season to: To Date To Date Wheat 423,398 473,353 Oats 0 6 Barley 41,919 9,559 Corn 147,685 109,072 Sorghum 17,334 14,414 Soybeans 40,898 45,970 Total 671,234 652,374
Wheat Inspected And/Or Weighed For Export
By Class, Region, And Port Area (mill. bu.)
Hard Red Hard Red Soft Red Spring Winter Winter Total Shipments 5,453 14,063 7,204 Soft White Durum Mixed Total 6,391 1,3033 4,414
Wheat inspections topped trade expectations by at least 5 mb, while beans came in at the low end of expectations. Major destinations for wheat were Egypt 12.4 mb and the Philippines 2.4 mb. Major destinations for corn were Japan 15.6 mb and Egypt 3.8 mb. Major destinations for soybeans were Germany 2.7 mb and Japan 2.3 mb.
October 6, 1997 DTN Grains