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Grain inspections for overseas delivery decreased week over week, while grain assessments improved, according to data from the United States Department of Agriculture (USDA). Corn inspections in the seven days ending June 15 were reported at 877,310 metric tons, down from 1.17 million tons the previous week, the agency said in a report.
This is also below the 1.19 million tonnes screened for export during the same week last year. Wheat screenings for offshore delivery fell to 237,820 metric tons from 247,958 tons the previous week. The USDA inspected 348,309 tons for export in the same week last year.
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Soybean assessments, meanwhile, rose to 185,184 metric tons from 147,572 tons the previous week, well below the 429,644 tons examined at the same point in 2022, the government said. Since the start of the campaign on September 1, the agency has inspected 32 million metric tons of corn for export, compared to 46.2 million tons in the same period the previous year.
Soybean inspections since early September now stand at 49 million metric tons, down from 51 million tons in the same period last year, the agency said. U.S. wheat assessments since the beginning of the grain's marketing year on June 1 are now at 556,270 metric tons, down from 986,934 tons examined in the first two weeks of the 2022 marketing year, the USDA said in its report.
Source: Leonardo Gottems | agrolink
