By Kirk Maltais


Corn export inspections reported by the Department of Agriculture fell from levels seen this time last week, as well as this time last year.

In its latest weekly report, the USDA said that corn export inspections through May 23 totaled 1.08 million metric tons. That's down from 1.23 million tons at this time last week, and 1.35 million tons at this time last year.

The fall in inspections comes after the USDA announced fresh export sales to Mexico -- totaling 215,000 tons. Mexico was also the leading destination for U.S. corn for the week, totaling 416,820 tons.

Soybean and wheat inspections were higher for the week -- with soybeans totaling 212,105 tons and wheat totaling 398,904 tons. China was the leading destination for U.S. soybeans, and Mexico was the leading destination for wheat.

Grain future prices are mixed Tuesday, with most-active corn down 0.7%, and soybeans down 1.5%, while wheat is up 0.4%.


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

05-28-24 1151ET