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Corn export inspections stay ahead of expectations

The USDA says corn export inspections as of the week ending October 25th remain ahead of the anticipated pace for the current marketing year.

Wheat came out at 393,255 tons, up 6,294 from the week ending October 18th and 74,216 higher than the week ending October 26th, 2017. At this point in the 2018/19 marketing year, wheat inspections are 8,605,060 tons, compared to 11,142,167 in 2017/18.

Corn was reported at 652,995 tons, 370,958 less than the previous week, but 105,578 more than this time last year. So far, this marketing year, corn inspections are 8,593,857 tons, compared to 5,095,756 a year ago.

Soybeans were pegged at 1,304,907 tons, 93,708 above the week before, but 1,226,670 below a year ago. Cumulative soybean export inspections are 7,317,816 tons, compared to 12,375,449 last year.

Sorghum totaled 3,901 tons, a decrease of 6,872 on the week, but an increase of 2,416 on the year. 2018/19 sorghum inspections are 136,205 tons, compared to 446,086 in 2017/18.

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