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Corn export inspections remain ahead of needed pace

Corn export inspections continue to make a strong push into the end of the marketing year. The USDA says the amount of corn that left U.S. during the week ending July 16^th was up on the year and well above what’s needed to meet the target for 2025/26, which runs through the end of August. Sorghum and soybean inspections also topped their respective targets for the current marketing year.

Global grain and oilseed trade is driven by several factors, including domestic prices and seasonal changes in supply and demand. The USDA’s next round of supply and demand estimates is out August 12^th.

Wheat came out at 213,993 tons, down 182,353 from the week ending July 9^th and 518,297 from the week ending July 17^th, 2025. The primary destinations were Mexico and Chile. About halfway through the first quarter of the 2026/27 marketing year, wheat inspections are 2,131,555 tons, compared to 3,021,403 in 2025/26.

Corn was reported at 1,549,849 tons, 4,771 lower than the previous week, but 564,948 higher than this time last year. The top destinations were Mexico and Japan. Approaching the final month of the 2025/26 marketing year, corn inspections are 73,772,659 tons, compared to 58,818,344 late in 2024/25.

Soybeans were pegged at 296,972 tons, a decline of 151,018 from the week before and 80,048 from a year ago. The leading destinations were China and Germany. So far, this marketing year, soybean inspections are 38,615,501 tons, compared to 46,821,752 last year.

Sorghum inspections totaled 59,724 tons, rising 59,088 on the week with no year-to-year comparison. The sole destination was China. 2025/26 sorghum inspections are 4,654,956 tons, compared to 1,956,601 in 2024/25.