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East Central Illinois | USDA Weekly Grain Export Inspections
Week Ended Feb. 21
Corn
Actual (million bu.)
46.628
Expectations (million bu.)
42-48
Comments:
Inspections were within expectations and about 5 million bu. below last week. Cumulative inspections are running 18.6% ahead of year-ago levels, compared to 17.8% ahead last week. USDA's export forecast is at 2.450 billion bu., up 15.3% from year-ago levels.
Wheat
Actual (million bu.)
17.253
Expectations (million bu.)
14-19
Comments:
Inspections were within expectations and about 6 million bu. below last week. Inspections are up 48.8% from last year, compared to 51.3% ahead of year-ago last week. USDA projects exports at 1.2 billion bu., up 32.0% from year-ago.
Soybeans
Actual (million bu.)
23.858
Expectations (million bu.)
25-35
Comments:
Inspections were below expectations and about 10 million bu. below last week. Cumulative inspections are running 7.2% behind year-ago levels, compared to 6.2% behind last week. USDA's export forecast is at 1.005 billion bu., down 10.1% from year-ago levels.
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Weekly Exports week ending 2/21/08
