By Kirk Maltais
Inspections of U.S. corn exports for the week ended March 21 fell back from the previous week, but for the marketing year remain up from the same time last year.
In its weekly Grain Export Inspections report, the Agriculture Department said that corn inspections totaled 1.23 million metric tons, which is down from the 1.33 million tons reported the previous week. Soybean inspections were higher from the prior week, totaling 768,711 tons. Wheat fell slightly, dropping to 315,395 tons for the week.
For the current marketing year, corn shipments remain well ahead of last year's pace, totaling 24.41 million tons, a 34% increase. Soybeans and wheat are still behind last year's pace with soybeans off 19% at 36.55 million tons and wheat down 15% at 14.17 million tons.
In trading on Monday, the most-active corn on the CBOT is down 0.1%, soybeans are up 1.1% and wheat advanced 1.6%.
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
03-25-24 1147ET
