By Kirk Maltais

Export inspections for U.S. corn destined for China jumped in this week's report from the USDA.

In its latest grain export inspections report, the USDA said that corn inspections totaled 1.38 million metric tons for the week ended July 29. Of that, 839,556 tons of corn were inspected for shipment to China, roughly double from last week.

Meanwhile, inspections of U.S. soybeans and wheat were down from last week, at 181,193 tons and 387,743 tons, respectively.

After trading slightly lower pre-market Monday, corn futures trading on the CBOT are higher, supported by the show of Chinese interest in U.S. corn. The most-active contract is up 1.7% to nearly $5.55 per bushel.

To see related data, search "USDA Grain Inspections for Export in Metric Tons" in Dow Jones NewsPlus.

Write to Kirk Maltais at kirk.maltais@wsj.com

(END) Dow Jones Newswires

August 02, 2021 12:03 ET (16:03 GMT)

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