Grain Inspections Down but Remain Steady

For the week ending February 14, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2.39 million metric tons (mmt), which is down 3% from the previous week, unchanged from last year, and down 11% from the 3-year average says theUSDA Grain Transportation Report.

Total corn inspections, destined primarily to Asia and Latin America, jumped 25% from week to week. The increase in corn inspections, however, could not offset the 37% drop in inspections of wheat.

Mississippi Gulf grain inspections increased 1% from the previous week, but Pacific Northwest (PNW) inspections decreased 15% for the same time period.

During the last four weeks, inspections of grain are 10% below last year and the 3-year average.