Total Grain Inspections Down Slightly
For the week ending August 1, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2.12 million metric tons (mmt).
According to the USDA Grain Transportation Report, this amount is down 4% from the previous week, down 18% from last year, and 15% below the 3-year average.
Inspections were down from the previous week for each of the three major grains.
Despite the decrease in overall inspections of grain, Mississippi Gulf grain inspections increased 21% from the previous week.
The increase was primarily due to increased inspections of soybeans and wheat.
Total grain inspections in the Mississippi Gulf were also the highest since late April.
Pacific Northwest (PNW) grain inspections decreased 22% from week to week