The amount of soybeans inspected for export plummeted for the second week in a row, dragging total grains inspected by more than a third.
According to the Jan. 4 Grains Inspected and/or Weighed for Export report by the U.S. Department of Agriculture, soybeans inspected amounted to 1.3 million metric tons for the week ending Dec. 31, or 41% less than the 2.2 million inspected the previous week.
Amounts of corn, wheat, and sorghum inspected also fell week-to-week but by smaller numbers.
Corn, for example, dropped to 912,802 million metric tons, down 27% from 1,255,341 the preceding week.
Total grains inspected plunged 36% last week to 2.6 million metric tons from 4.1 million metric tons the week before.
For the full USDA report, click here.