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Good week for corn, soybean inspections

 

USDA reports corn and soybean export inspections for the week ending September 18 were above what’s needed weekly to meet USDA projections for the 2014/15 marketing year, but wheat fell short of its mark.

Wheat came out at 506,612 tons, down 158,206 from the week ending September 11 and 664,974 lower than the week ending September 19, 2013. For the 2014/15 marketing year to date, wheat inspections are 8,272,962 tons, compared to 12,645,427 in 2013/14.

Corn was reported at 1,018,858 tons, up 258,634 from the previous week and 562,090 higher than this time last year. So far this marketing year, corn inspections are 2,504,634 tons, compared to 1,176,887 a year ago.

Soybeans were pegged at 467,684 tons, 212,542 more than the prior week and 10,607 above last year. At this point in the marketing year, soybean inspections are 802,711 tons, compared to 588,226 a year ago.

Sorghum inspections totaled 126,907 tons. That’s a decrease of 22,364 tons on the week, but an increase 63,742 on the year. 2014/15 sorghum inspections are 339,047 tons, compared to 310,468 in 2013/14.