Export Inspections of Corn and Wheat Improve
USDA says export inspections of corn and wheat rose while soybean assessments declined during the week ending on December 1.
Corn inspections were just over 524,300 metric tons, up from 311,700 tons the prior week. It’s still behind the 786,000 tons inspected during the same time last year. Wheat assessments reached 334,650 metric tons during the week, up from 284,500 tons during the previous week. It’s also ahead of the 285,000 tons inspected at the same time last year.
Soybean inspections dropped to 1.72 million metric tons during the week, a significant drop from 2.23 million tons the prior week.
Since the marketing year began, the agency has inspected 6.34 million metric tons of corn, 21.2 million metric tons of soybeans, and 10.9 million metric wheat tons. Last year at this time, the agency had inspected 9.42 million metric tons of corn, 23.8 million tons of soybeans, and 11.2 million tons of wheat.