U.S. Corn Export Inspections Drop Back
January 30 2023 - 01:02PM
Dow Jones News
By Kirk Maltais
Export inspections for corn are lower this week, while marketing
year totals continue to drag behind last year's levels.
In its latest grain export inspections report, the U.S.
Department of Agriculture said corn export inspections totaled
527,932 metric tons for the week ended January 26. That's down from
728,792 tons reported last week.
The pace of corn export inspections in the 2022/23 marketing
year is now even further off from last year's pace - with
inspections this year totaling 12.03 million tons, down over 31%
from last year.
Meanwhile, soybean inspections totaled 1.86 million tons, up
slightly from last week - while wheat inspections totaled 445,433
tons for the week, up from 349,393 tons last week.
China was the primary destination for soybeans, while Mexico was
the leading destination for corn and Japan was the top destination
for U.S. wheat.
Grain futures trading on the CBOT are higher in trading - with
most-active corn futures up 0.2%, soybeans up 1.6%, and wheat up
Write to Kirk Maltais at email@example.com
To see related data, search "USDA Grain Inspections for Export
in Metric Tons" in Dow Jones NewsPlus.
(END) Dow Jones Newswires
January 30, 2023 12:47 ET (17:47 GMT)
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