U.S. Soybean Export Inspections Climb
17 January 2024 - 5:56AM
Dow Jones News
By Kirk Maltais
Export inspections of U.S. soybeans rose for the week ended Jan.
11, the Agriculture Department reported.
In its latest weekly grain export inspections report, the USDA
said Tuesday that soybean inspections totaled 1.26 million metric
tons, up from 1.04 million tons reported the previous week. Corn
inspections fell to 875,621 tons from 1.09 million tons the
previous week, and wheat inspections totaled 234,205 tons, down
from 501,910 tons.
Year-to-date soybean and wheat inspections continue to be behind
last year's pace. Soybeans are down 21% from last year and wheat is
17% lower. Corn is up 29% from the previous year.
Japan was the leading destination for U.S. wheat, while Mexico
was the leading destination for U.S. corn. China was the leading
destination for soybeans.
Grains are lower in Tuesday trading, with most-active corn down
1%, soybeans 0.2% weaker, and wheat 2.6% lower.
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
January 16, 2024 13:41 ET (18:41 GMT)
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