U.S. Corn, Wheat Export Inspections Rise

U.S. corn and wheat inspections for export rose last week, while soybean inspections slipped, according to data released Monday by the U.S. Department of Agriculture.

Corn inspected for export in the week ended Dec. 12 rose to 1.13 million metric tons from 1.06 million tons the previous week, the U.S. Department of Agriculture said Monday. Corn export inspections for the marketing year to date were 13.3 million tons, compared with 10.15 million tons the previous year.

Wheat export inspections rose last week to 298,075 tons from 247,954 tons the week before. In the current marketing year to date, wheat inspections were 11.54 million tons, up from 8.91 million tons for the same period last year.

Soybean inspections slipped to 1.68 million tons from 1.74 million tons the week before. In the marketing year to date, soybean inspections totaled 25.23 million tons versus 21.18 million tons a year ago.

Mexico and Japan were the leading buyers of wheat last week. Mexico was the top buyer of corn and China was the biggest buyer of soybeans.

Tags: China, corn, export, soybeans, wheat, U.S., Japan, inspections, Mexico