For the week ending January 7, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 3.3 million metric tons (mmt).
Total grain inspections were up 25 percent from the previous week, up 45 percent from the same period last year, and up 58 percent from the 3-year average. The jump in total inspections reflected a 24-percent increase in corn inspections and a 36-percent increase in soybean inspections.
These increases were mainly due to rising shipments to Asia. Wheat inspections, however, were down 14 percent from week to week. From the previous week, Pacific Northwest (PNW) grain inspections increased 29 percent, and Mississippi Gulf inspections increased 26 percent.
Grain inspections for the last 4 weeks were 69 percent above the same period last year and 68 percent above the three-year average.