Market expectations before data release:

According to a survey of industry analysts, as of May 23, 2024, the US soybean export inspection quantity was 200-400,000 tons, corn export inspection volume was 95-1.3 million tons, and wheat export inspection volume was 175-400,000 tons.

US soybean export inspection volume report

According to data from the US Department of Agriculture, as of May 23, 2024, the US soybean export inspection volume was 212,105 tons. After the previous week's correction, it was 192,232 tons, and the initial value was 18,4128 tons. For the week of May 25, 2023, the US soybean export inspection volume was 256,636 tons. Up to this crop year, the total inspection volume of soybeans exported to the United States was 3,996,9015 tons, compared to 48,472,407 tons in the same period of the previous year. The U.S. soybean crop year begins on September 1.

US corn export inspection volume report

According to data from the US Department of Agriculture, as of May 23, 2024, the US corn export inspection volume was 10,77,336 tons. After the previous week's correction, it was 1226,200 tons, and the initial value was 1210,541 tons. In the week of May 25, 2023, the US corn export inspection volume was 1346,392 tons. Up to this crop year, the total inspection volume of US corn exports was 3630,4039 tons, compared to 287,26,832 tons in the same period of the previous year. The US corn crop year begins on September 1.

US wheat export inspection volume report

According to data from the US Department of Agriculture, as of May 23, 2024, the US wheat export inspection volume was 398,904 tons. After the previous week's correction, it was 228,200 tons, and the initial value was 205,612 tons. In the week of May 25, 2023, the US wheat export inspection volume was 391,292 tons. The total number of US wheat export inspections since this crop year was 18292,287 tons, compared to 1956,7150 tons in the same period of the previous year. The U.S. wheat crop year begins June 1.