Grain Inspections Down, Rail Deliveries to Port Remain Strong
Total inspections of grain for export from all major U.S. export regions totaled 3.38 MMTs
For the week ending October 15, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 3.38 million metric tons (MMT).
Total grain inspections were down 12% from the previous week, up 31% from last year, and up 39% from the 3-year average.
Inspections were down 53% from the previous week for wheat; up 9% for corn; and down 10% for soybeans.
For the same period, Pacific Northwest (PNW) grain inspections increased 6%, and Mississippi Gulf decreased by 22%. Despite the drop in grain inspections, weekly rail of grain to all ports remained strong, reaching the highest since late October 2016.
Increased Asian demand for grain (especially soybeans) in last few weeks have boosted rail deliveries considerably.
Compared to the same period in 2019, over the last four weeks, total deliveries to each of the major port areas during the last four weeks have been much higher. Likewise, deliveries from all ports during the last 4 weeks were up 131% from the same period last year.
Information provided by USDA Grain Transportation Report