News

Wheat export inspections stay ahead of year ago pace

U.S. wheat export inspections as of the week ending September 19th remain ahead of the USDA’s expected pace for the 2019/20 marketing year. The current marketing year started June 1st for wheat and got underway September 1st for corn, sorghum, and soybeans.

Wheat came out at 476,173 tons, down 41,377 from the week ending September 12th, but up 46,980 from the week ending September 20th, 2018. The main destinations were the Philippines and Thailand. At this point in the 2019/20 marketing year, wheat inspections are 8,005,684 tons, compared to 6,545,647 in 2018/19.

Corn was reported at 233,993 tons, 189,136 lower than the previous week and 1,119,389 less than this time last year. The top weekly destinations were Mexico and Taiwan. Less than a month into the current marketing year, corn inspections are 1,129,132 tons, compared to 3,077,810 a year ago.

Soybeans were pegged at 922,550 tons, 254,054 higher than the week before and 203,211 more than a year ago. China was the primary destination, followed by Mexico. So far, this marketing year, soybean inspections are 2,164,513 tons, compared to 2,340,915 last year.

Sorghum inspections totaled 6,276 tons, a decrease of 39,581 on the week, but an increase of 2,780 on the year. Mexico was the sole listed destination. 2019/20 sorghum inspections are 85,675 tons, compared to 6,332 in 2018/19.