Grain Inspections Down from Previous Week
Total inspections of grain for export reached 1.75 MMT
For the week ending June 13, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 1.75 million metric tons (mmt).
According to USDA's Grain Transportation Report, this amount indicates a 17% decrease from the previous week, a 41% drop from last year, and a 24% decrease from the 3-year average.
Weekly inspections dropped 21% for wheat; 23% for corn; and 8% for soybeans.
During the last four weeks, grain inspections were 25% below last year and 12% below the 3-year average.
Inspections of grain decreased 17% from the previous week in the Pacific Northwest (PNW), and decreased 15% in the Mississippi Gulf.