Grain Inspections Down, but Well Above Average
Total inspections of grain for export reached 2.39 million metric tons
For the week ending July 5, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2.39 million metric tons, down 13% from the previous week, up 17% from last year, and 23% above the three-year average.
Inspections of each of the three major grains receded. Despite the decrease in total inspections, Pacific Northwest inspections increased 16% from week to week. However, Mississippi Gulf inspections decreased 20% from the previous week.
During the last four weeks, grain inspections remained well above average, increasing 26% from last year and up 34% above the three-year average.
Outstanding export sales were down for corn, wheat, and soybeans.