Data from USDA shows inspections of wheat and beans for offshore delivery rose week to week while corn assessments declined. Wheat inspections totaled 732,000 metric tons in the seven days ending on July 17. The agency report says that’s up from 446,000 tons a week earlier. Examinations of soybeans for offshore delivery increased to 365,000 metric tons from just over 151,000 tons during the previous week. Corn saw the only decline on the week, falling to 983,000 metric tons, which the USDA said was down from 1.3 million a week prior.
Since the start of the marketing year on September 1, corn inspections total nearly 59 million tons versus 45.6 million last year. Soybean inspections now total 46.8 million tons, up from 42.4 million at the same point last year, and wheat examinations since the marketing year began June 1 are at three million metric tons, up from 2.6 million a year ago.
-NAFB