Grain Inspections Down but Rail Deliveries to Port Remain Strong

Inspections of corn, wheat, and soybeans for export from all major U.S. export regions for the week ending Oct. 15 totaled 3.38 million metric tons (mmt).

Total grain inspections were down 12% from the previous week, up 31% from last year, and up 39% from the 3-year average.

Inspections were down 53% from the previous week for wheat; up 9% for corn; and down 10% for soybeans.

For the same period, Pacific Northwest (PNW) grain inspections increased 6%, and Mississippi Gulf decreased by 22%.

Despite the drop in grain inspections, weekly rail of grain to all ports (GTR table 3) remained strong, reaching the highest since late October 2016.

Increased Asian demand for grain (especially soybeans) in last few weeks has boosted rail deliveries considerably.

Compared to the same period in 2019, deliveries from the major port areas during the last four weeks have been much higher.

Likewise, deliveries from all ports during the last four weeks were up 131% from the same period last year.

This article comes from the U.S. Department of Agriculture's Oct. 22 2020, Grain Transportation Report.

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