Soybean Inspections Rebound, but Total Inspections Decline

This article is taken from USDA’s June 18, 2020 Grain Transportation Report:

For the week ending June 11, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions totaled 1.76 million metric tons (mmt).

Total grain inspections were down 9% from the previous week, unchanged from last year, and down 23% from the three-year average.

Soybean inspections increased 37% from week to week as shipments through the Mississippi Gulf and the Interior rebounded.

However, the increase in soybean inspections did not completely offset the decreases for corn (down 22% and wheat (down 7%) in the total.

Pacific Northwest (PNW) grain inspections increased 7% from the previous week, and Mississippi Gulf inspections decreased 16% from the same period.

Outstanding export sales were also up from the previous week for soybeans, but down for wheat and corn.