Soybean Inspections Drive Increase in Total Grain Inspections
Total inspections of grain for export reached 3.08 MMT
For the week ending November 21, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 3.08 million metric tons (mmt).
Total grain inspections were up 12 percent from the previous week, up 15 percent from last year, and down 6 percent from the 3-year average.
Grain inspections continued to increase primarily because of a 26-percent jump in inspections of soybeans. Inspections of soybeans were the highest since mid-November 2017, with over 70 percent destined to China.
Corn and wheat inspections were down 7 percent and 9 percent, respectively, from the previous week. Inspections of grain increased 20 percent in the Pacific Northwest (PNW) and 9 percent in the Mississippi Gulf.
Information provided by USDA Grain Transportation Report.