Weekly Corn Export Inspections Improve

USDA data shows inspections of corn for overseas delivery rose week to week while bean and wheat assessments declined during the week ending on April 18.

The agency report says export inspections of corn rose to 1.62 million metric tons, up from 1.35 million tons the previous week. That’s well above the 938,000 tons assessed during the same week last year. Examinations of soybeans for offshore delivery declined to 435,000 tons from more than 446,000 a week earlier. However, that number was up from the 380,000 tons inspected a year ago. USDA says wheat inspections were reported at 450,275 tons, down from just over 620,000 tons the previous week.

Since the start of the marketing year, the agency has inspected 30.3 million metric tons of corn for delivery, up from 22.4 million last year. Soybean assessments now total 38.5 million tons, while wheat inspections are now at 16.4 million tons.

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