A surge in corn inspections last week brought total U.S. grains inspected for export back up to a level not seen since April.
Corn inspections swelled by nearly 640,000 metric tons (or more than 60%) for the week ending May 19, to 1.7 million metric tons (MMT), according to today's Grains Inspected and/or Weighed for Export report by the U.S. Department of Agriculture (USDA).
That brought total grain inspections up more than 15% week-to-week to nearly 2.8 MMT.
Inspections of other major grains declined, meanwhile, with soybeans dropping by nearly a third to about 576,000 metric tons.
For the full USDA report for May 23, click here.