USDA’s inspections of corn and wheat for export rose week to week while soybean assessments declined during the week ending on December 12.
Corn inspections for offshore delivery rose to 1.13 million metric tons, up from 1.06 million the week prior, and the 960,000 tons assessed during the same week in 2023. Wheat examinations increased to 298,000 tons from 247,000 tons the previous week and the 284,000 tons inspected at the same point last year. Soybean inspections fell to 1.68 million tons, down from the 1.74 million assessed a week earlier. That was higher than the 1.43 million assessed during the same week last year.
Since the marketing year began on September 1, the government has inspected 13.3 million metric tons of corn, 25.2 million tons of soybeans, and, since June 1, 11.5 million tons of wheat. All three commodities are ahead of their yearly pace from last year.
