News
Export inspections mixed, still mostly solid
U.S. export inspections generally reflected decent demand during the week ending April 23rd. The USDA says corn fell below a year ago but remains ahead of the pace needed to meet the record export projection for the current marketing year. Sorghum and soybean inspections were faster than last year, with China leading the way for both. While wheat was down on the year, global demand for U.S. wheat is holding up well in the face of relatively high prices and a large world supply. The USDA’s next round of supply and demand estimates is out May 10th.
The 2025/26 marketing year got underway June 1st for wheat and September 1st for beans, corn, and sorghum.
Wheat came out at 365,156 tons, down 152,985 from the week ending April 16th and 285,042 from the week ending April 24th, 2025. The primary destinations were the Philippines and Japan. Approaching the final month of the 2025/26 marketing year, wheat inspections are 21,855,983 tons, compared to 19,501,712 in 2024/25.
Corn was reported at 1,644,191 tons, 98,747 lower than the previous week and 22,224 below a year ago. The top destinations were Mexico and Colombia. Nearing the last quarter of the marketing year, corn inspections are 53,441,646 tons, compared to 40,907,267 this time last year.
Soybeans were pegged at 628,826 tons, 127,887 less than the week before, but 169,561 more than last year. The leading destinations were China and Mexico. So far, this marketing year, soybean inspections are 32,809,965 tons, compared to 43,165,781 a year ago.
Sorghum totaled 180,550 tons, a decrease of 21,727 on the week, but an increase of 158,073 on the year. The biggest destination was China, followed distantly by Mexico. 2025/26 sorghum inspections are 3,509,386 tons, compared to 1,661,960 in 2024/25.
Add Comment