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Wheat Inspections for Export Increase Sharply

Inspections destined to Latin America accounted for most of the wheat increase

PEXELS
PEXELS

For the week ending April 28, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 2.7 million metric tons (MMT), down 13% from last year and up 9% from the 3-year average.

Total grain inspections were also up 4% from the previous week, reflecting a 33% jump in wheat inspections and a 1% increase in corn inspections.

Inspections destined to Latin America accounted for most of the wheat increase.

Corn accounted for about 49% of total grain inspections for the week, while wheat accounted for 15%.

Inspections of soybeans, however, were down 1% from the previous week and accounted for 36% of total grain inspections.

Pacific Northwest (PNW) grain inspections rose 37% from the past week, and Texas Gulf inspections rose 21%.

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