Third Quarter Grain Inspections Down
Total inspections remain stable
For the week ending Oct. 12, total inspections of grain (corn, wheat, and soybeans) for export from major U.S. export regions reached 2.52 million metric tons (mmt), unchanged from the previous week, down 37% from the same time last year, and 11% below the 3-year average.
Total inspections of soybeans continued to rise, increasing 19% from the previous week. Pacific Northwest (PNW) inspections increased 35% but Mississippi Gulf inspections decreased 14% from the past week.
Rail deliveries of grain to major U.S. ports are increasing as the fall harvest intensifies. Outstanding (unshipped) export sales were up for corn and soybeans but down for wheat.