Total Grain Inspections Down 4% From Week Ending July 20; Down 18% From 2016

For the week ending July 27, total inspections of grain (corn, wheat, and soybeans) for export from major U.S. export regions reached 2.1 million metric tons (mmt), down 4 percent from the previous week, down 18 percent from the same time last year, but 11 percent above the 3-year average.

Total inspections decreased primarily due to a 26 percent drop in soybean inspections.

Although inspections of wheat and corn increased 15 and 1 percent, respectively, from the past week, the increase could not offset the 26 percent drop in soybean inspections.

Pacific Northwest (PNW) grain inspections increased 12 percent from the previous week while Mississippi Gulf inspections decreased 12 percent.

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