Grain Inspections Lowest Since Early January
Total inspections of grain for export from all major U.S. export regions reached 1.88 MMT
For the week ending May 30, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 1.88 million metric tons (mmt).
According to USDA's Grain Transportation Report, this amount signifies a 15% decrease from the previous week, a 26% drop from last year, and a 14% decrease from the 3-year average.
Wheat inspections increased 12% from week to week, but inspections of corn and soybeans decreased 33% and 7%, respectively, from the previous week.
Total grain inspections decreased 20% from the previous week in the Mississippi Gulf and 8% in the Pacific Northwest (PNW).
During the last four weeks, inspections have been 18% below last year but 2% above the 3-year average.