USDA Weekly Grains Inspected For Export Report (8/1): Total Rises With Increases in Soybean, Corn Inspections

Inspections of U.S. soybeans for export rebounded in a big way last week, according to today's Grains Inspected and/or Weighed for Export report by the U.S. Department of Agriculture (USDA).

The total for week ending July 28 shot up by more than 162,000 metric tons, or by more than 41% when compared to the previous week, to 555,000 metric tons.

This increase, when combined with a smaller bump in corn inspections, caused the total grains inspected for the week to rise by nearly 4% to about 1.8 million metric tons (MMT).

Wheat inspections, by contrast, were nearly cut in half week-to-week to 257,000 metric tons.

For the full USDA report for Aug. 1, click here.