Corn Inspections Weaker; China Takes Soybeans and Sorghum

Corn growing in the field. (USDA NRCS Photo)

WASHINGTON, DC – U.S. export inspections slowed for the week ending May 14, with corn, soybeans, and wheat all below the previous week. USDA inspected about 54.3 million bushels of corn, down from about 67.1 million a week earlier and below last year’s 69.3 million.

Corn inspections remain well ahead for the marketing year. USDA reports year-to-date corn inspections at about 2.31 billion bushels, compared with about 1.79 billion last year. Mexico, Japan, Colombia, Saudi Arabia, and Taiwan were among the listed destinations for corn.

Soybean inspections totaled about 17.8 million bushels, down from 24.4 million the prior week but above last year’s 8.3 million. China was listed for soybeans, taking about 7.5 million bushels through the Columbia River.

Sorghum inspections improved to about 5.6 million bushels. China was again listed, taking about 5.1 million bushels across the Gulf, Pacific, and interior movement.

Wheat inspections fell to about 8.2 million bushels, down sharply from 18.8 million the prior week.

Farm-Level Takeaway: Corn inspections remain strong year-to-date, while China’s soybean and sorghum movement remains important to late-season export demand.