Grain Inspections Continue to Fall
Total inspections of grain for export reached 1.89 MMT
For the week ending March 12, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 1.89 million metric tons (MMT).
Total grain inspections were down 1 percent from the previous week (continuing a 2-week downward trend), down 9 percent from last year, and down 27 percent from the 3-year average.
From the previous week, soybean inspections dropped 25 percent—mainly, because of the halt of soybean inspections destined to China—and wheat inspections decreased 2 percent. However, corn inspections increased 18 percent as shipments to Asia rebounded.
Also, from the previous week, grain inspections decreased 36 percent in the Pacific Northwest (PNW), but increased 26 percent in the Mississippi Gulf region.
Information provided by USDA Grain Transportation Report.