Grain Inspections Recede
Total inspections of grain from all major U.S. export regions reached 2 MMT
For the week ending October 10, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2 million metric tons (MMT).
Inspections are down 6% from the previous week, down 29% from last year, and 31% below the 3-year average.
Total inspections of wheat and corn decreased 3% and 1%, respectively, from the previous week.
Inspections of soybeans, however, were down 9% from the previous week.
Mississippi Gulf grain inspections decreased 1% from week to week, but Pacific Northwest (PNW) inspections increased 5%, due primarily to more soybean inspections.