U.S. Soybean Inspections Higher From Last Week

By Kirk Maltais

Export inspections of U.S. soybeans rose over last week's figures, but are lower over this time last year, according to data from the Department of Agriculture.

In its latest weekly report, the USDA said that for the week ended Sept. 26, soybean inspections totaled 675,749 metric tons--up from 498,586 tons reported last week. However, inspections are slightly down from this time last year, which totaled 677,786 tons.

Corn and wheat inspections are both lower than this time last week--with both higher than this time last year, at 1.14 million tons and 536,929 tons, respectively.

China was the leading destination for soybeans for the week. The Philippines were the leading destination for wheat, and Mexico was the leading destination for corn.

CBOT grains are mixed in morning trading, ahead of the Quarterly Grain Stocks report from the USDA later Monday. Most-active corn is up 0.1%, soybeans are down 0.1%, and wheat is up 1%.

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

September 30, 2024 11:37 ET (15:37 GMT)

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