Grain Inspections Down, but Sizeable Wheat Inspections
Total inspections of grain for export reached 2.24 MMT
For the week ending March 7, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2.24 million metric tons (mmt).
According to the USDA Grain Transportation Report, this total is a 1% decrease from the previous week, a 20% decrease from last year, and is 15% below the 3-year average. Despite the decrease in total inspections of grain, wheat inspections jumped 21% from week to week.
However, the increase in wheat inspections could not offset the decrease in inspections of corn and soybeans, which accounted for 72% of total grain inspections.
Grain inspections in the Pacific Northwest (PNW) decreased 9% from the previous week, but Mississippi Gulf grain inspections increased 6%.