Inspections of corn and wheat for export dropped while soybean assessments surged during the week ending on October 3, 2024.
Corn inspections for overseas delivery fell to 933,274 metric tons, down from 1.15 million tons inspected a week earlier. That’s still above the 804,000 tons examined during the same week in 2023. Wheat examinations for offshore delivery declined to 363,500 tons from almost 551,000 tons during the previous week. USDA says that the total was still higher than the 306,000 tons assessed during the same week in 2023.
Soybean inspections rose to 1.43 million tons from 682,000 the previous week. That total also topped the 1.4 million tons assessed during the same week last year. Since the start of the marketing year on September 1, corn inspections totaled 4.27 million metric tons, up from 3.5 million last year. Soybean assessments are at 3.36 million tons versus the 3.39 million last year.
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