According to the latest USDA Grain Transportation Report, for the week ending October 17, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2.5 million metric tons (mmt).
Inspections were up 24% from the previous week, down 9% from last year, and 18% below the 3-year average.
Total inspections of wheat, corn, and soybeans increased by 14%, 11%, and 36%, respectively, from the past week.
Soybean inspections were the highest they had been since late February. Although inspections of soybeans destined to Asia increased notably, inspections destined to China were still below average.
Pacific Northwest (PNW) inspections increased 52% from the previous week while Mississippi Gulf grain inspections increased 16%.
