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Increased Wheat and Soybean Inspections Boost Total

Total inspections of grain for export from all major U.S. export regions reached 2.84 MMT

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For the week ending February 21, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2.84 million metric tons (mmt), which is up 19% from the previous week, up 15% from last year, and up 4% from the 3-year average.

According to USDA's Grain Transportation Report, the increase in total inspections of grain was helped by a 91% rebound in wheat inspections and a 27% increase in soybean inspections.

Corn inspections were the lowest since early January, falling 20% from week to week. Pacific Northwest (PNW) grain inspections jumped 55% from the previous week, as shipments to Asia rebounded and Mississippi Gulf grain inspections increased 5%, for the same period.

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