News

Sorghum export inspections up on week, others down

The USDA says corn, soybean, and wheat export inspections as of the week ending November 28^th remain ahead of the paces needed to meet projections for the current, respective marketing years. The 2024/25 marketing year began June 1^st for wheat and September 1^st for beans, corn, and sorghum. The USDA’s next round of supply and demand estimates is out December 10^th.

Wheat came out at 296,106 tons, down 68,677 from the week ending November 21^st, but up 107,808 from the week ending November 30^th, 2023. The primary destinations were the Philippines and South Korea. Nearing the second half of the 2024/25 marketing year, wheat inspections are 10,986,515 tons, compared to 8,336,214 in 2023/24.

Corn was reported at 935,859 tons, 73,008 lower than the previous week and 240,593 under a year ago. The leading destinations were Colombia and Mexico. Late in the first quarter of the marketing year, corn inspections are 11,070,255 tons, compared to 8,468,097 this time last year.

Soybeans were pegged at 2,088,361 tons, 29,019 less than the week before, but 915,006 more than last year. The main destinations were China and Italy. So far, this marketing year, soybean inspections are 21,792,652 tons, compared to 18,757,100 a year ago.

Sorghum totaled 196,364 tons, an increase of 76,361 on the week and 78,567 on the year. The top destinations were China and Egypt. 2024/25 sorghum