PNW Grain Inspections on the Rise
Reaching 20% above the 3-year average
For the week ending Aug. 3, total inspections of grain (corn, wheat, and soybeans) for export from major U.S. export regions reached 2.3 million metric tons (mmt), up 9% from the previous week, down 24% from the same time last year, but 20% above the 3-year average.
Compared to the previous week, grain inspections increased due to both regional and commodity upturns. For example, grain inspections in the Pacific Northwest (PNW) jumped 35%, while overall soybean inspections increased by 39%. Week-to-week inspections of grain remained unchanged for wheat and decreased 2% for corn. Mississippi Gulf inspections increased 6% from the previous week.
Outstanding (unshipped) export sales continued to increase for wheat, but decreased for corn and soybeans.