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Soybean Inspections Lowest Since Late August

Total inspections of grain for export from all major U.S. export regions totaled 2.6 MMT

File photo | PIXABAY
File photo | PIXABAY

For the week ending February 11, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 2.6 million metric tons (MMT).

Total grain inspections were down 36 percent from the previous week, up 10 percent from last year, and up 5 percent from the three-year average.

Grain inspections dropped 13 percent for wheat, 17 percent for corn, and 57 percent for soybeans.

Total inspections were the lowest since late December 2020, and soybean inspections were the lowest since late August.

The large drop in soybean inspections was partly due to weather-related transportation delays, as well as a significant drop in shipments to Asia.

Inspections of soybeans destined to China decreased 54 percent from week to week.

From the previous week, total Pacific Northwest inspections decreased 28 percent, while Mississippi Gulf inspections fell 42 percent.

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