A surge in soybean inspections more than made up for declines in other grains inspected for export last week, according to today's Grains Inspected and/or Weighed for Export report by the U.S. Department of Agriculture (USDA).
Total U.S. grains inspected for the week ending Oct. 7 was 2.8 million metric tons, up about 400,000 metric tons (16.5%) from the previous week.
Soybean inspections, meanwhile, nearly doubled to 1.6 million metric tons week-to-week.
By contrast, all other major grains lost ground, with corn inspections dropping more than 14% to 746,200 metric tons, wheat falling nearly 30% to 435,173 metric tons, and sorghum plummeting more than 85% to 11,398 metric tons.
For the full USDA report for Oct. 12, click here.
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