USDA data says inspections of corn and beans for overseas delivery declined week to week while wheat assessments improved. Corn inspections during the seven days ending on April 25 fell to 1.23 million metric tons. The agency report says that was down from 1.66 million a week earlier and 1.52 million during the same week last year.
Soybean assessments totaled 250,332 tons, down from 443,508 tons during the previous week and 407,973 tons at the same point last year. Wheat inspections were up to 481,183 tons last week, up from 450,323 tons the week prior and more than 365,500 tons the same week in 2023. Since the start of the marketing year, USDA has inspected 31.6 million metric tons of corn for export. That’s up from 23.9 million tons assessed during the same time last year. Soybean inspections now total 39.7 million tons versus 47.5 million during the same time last year.