Grain Inspections at Lowest Level for the Year
Down 31% from the same time last year
For the week ending Aug. 10, total inspections of grain (corn, wheat, and soybeans) for export from major U.S. export regions reached 1.88 million metric tons (mmt), the lowest so far for the year. Total inspections were down 20% from the previous week, down 31% from the same time last year, and 4% below the 3-year average. Significant decreases were seen for each of the three major grains. Grain inspections decreased 43% in the Pacific Northwest (PNW), 7% in the Mississippi Gulf, and 40% in the Texas Gulf. Compared to the previous week, rail deliveries of grain to the PNW and Texas Gulf ports were also down notably (Table 3). Despite the drop in week-to-week inspections of grain, year-to-date grain inspections are up 15 percent from last year, and inspections during the last 4 weeks are 9 percent above the 3-year average. Outstanding (unshipped) export sales were down for corn, wheat, and soybeans.
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