Total Grain Inspections Up 25 From Week Ended May 4; Up 38% From 2016
Date Posted: May 18, 2017
This article is reprinted from the USDA's May 18 Grain Transportation Report.
For the week ending May 11, total inspections of grain (corn, wheat, and soybeans) for export from major U.S. export regions reached 2.4 million metric tons (mmt), up 25 percent from the previous week, up 38 percent from the same time last year, and 26 percent above the 3-year average.
Total grain inspections were boosted by a 66 percent jump in corn inspections which increased primarily to Asia and Latin America.
Wheat inspections increased 5 percent from the previous week, but soybean inspections dropped 24 percent as shipments to Asia decreased notably.
Mississippi Gulf grain inspections increased 28 percent from the previous week, and Pacific Northwest (PNW) inspections jumped 53 percent for the same period.
Outstanding export sales of grain were down for corn and wheat, but up slightly for soybeans.