According to today's USDA Grain Transportation Report, for the week ending May 11, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions were 1.56 million metric tons (mmt).
Total grain inspections were down 2 percent from the previous week, down 28% from last year, and down 37% from the 3-year average.
Although total grain inspections dropped only slightly, inspections of soybeans—primarily, destined to Asia—fell 63%.
From the previous week, wheat inspections rose 13% and corn inspections rose 20%.
From the previous week, total grain inspections increased 28% in the Pacific Northwest (PNW) and decreased 17% in the Mississippi Gulf.
In the last 4 weeks, inspections of grain were 26% below last year and 28% below the 3-year average.