For the week ending July 18, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 1.48 million metric tons (mmt), says the latest USDA Grain Transportation Report.
This amount is down 24% from the previous week, down 42% from last year, and 36% below the 3-year average.
Weekly inspections are also the lowest since the first week of January. Although wheat inspections increased 24% from the previous week, the increase could not offset the large drop in corn and soybean inspections.
Grain inspections decreased 52% from the previous week in the Mississippi Gulf and 24% in the Pacific Northwest (PNW).
Despite the overall drop in inspections of grain, Texas Gulf grain inspections jumped 75% from the past week and are up 85% from year-to-date.
