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Total Grain Inspections Down, Wheat Rebounds

Wheat jumped 49% as shipments increased to Asia

PIXABAY.com
PIXABAY.com

For the week ending August 5, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 1.41 million metric tons (MMT).

Total grain inspections were down 29 percent from the previous week, down 47 percent from last year, and down 38 percent from the 3-year average.

Despite the drop in overall grain inspections, wheat inspections rebounded from the previous week, jumping 49 percent as shipments increased mainly to Asia.

Wheat inspections were also the highest since mid-May of this year. Inspections of corn and soybeans decreased 52 and 38 percent, respectively, from the previous week primarily due to lower shipments to Asia.

Total inspections of grain decreased 14 percent in the Pacific Northwest and 50 percent in the Mississippi Gulf.

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