Grain Inspections For Week Ending Oct. 5 Decrease, But Soybeans Rebound

This article is taken from the Oct. 12 USDA Grain Transportation Report:

For the week ending October 5, total inspections of grain (corn, wheat, and soybeans) for export from major U.S. export regions reached 2.44 million metric tons (mmt), down 3 percent from the previous week, down 31 percent from the same time last year, and 2 percent below the 3-year average.

Although inspections of soybeans jumped 66 percent from the previous week, the increase did not offset the decreases in inspections of wheat and corn.

Pacific Northwest (PNW) inspections decreased 14 percent from the past week while Mississippi Gulf inspections increased 4 percent from the previous week.

Outstanding (unshipped) export sales were up slightly from the previous week for soybeans, but down for wheat and corn.