Total Inspections of Grain Continue to Increase

source: USDA Grain Transportation Report

For the week ending November 14, total inspections of grain (corn, wheat, and soybeans) for export from all major U.S. export regions reached 2.71 million metric tons (mmt), increasing for the second consecutive week.

According to theUSDA Grain Transportation Report, total inspections were up 6% from the previous week, up 6% from last year, but down 20% from the 3-year average.

From the past week, corn rose 10%, soybeans rose 14%, and wheat inspections fell 17%.

Weekly inspections increased 7% from the previous week in the Pacific Northwest (PNW) and 13% in the Mississippi Gulf.

Despite the increases in weekly inspections, total year-to-date inspections of grain are still below last year by 14%.