Total inspections of US. grains for export may have dropped 14% from the previous week, but corn and wheat inspections continued to be larger than they have been in weeks.
Today's Grains Inspected and/or Weighed for Export report by the U.S. Department of Agriculture (USDA) shows total inspections were just under 3.2 million metric tons for the week ending March 18, compared to more than 3.8 million the week before.
Corn's decline made up almost half of that 648,388-metric-ton total drop, but its tally last week of nearly 2 million metric tons was still nothing to sneeze at.
Sorghum inspections fell even more sharply (-75%) and also contributed significantly to the overall trend.
Wheat inspections, meanwhile, were down 9% to 648,485 metric tons, and soybeans were down 11% to 489,405 metric tons.
For the full USDA report, click here.