News

Export inspections mostly larger than last year

Grain and oilseed export inspections were solid during the week ending April 16^th. The USDA says corn inspections were below a year ago, but still above what’s needed to meet projections thanks to the ongoing strong global demand. Soybeans and sorghum were both larger than last year, as previous purchases by China left U.S. ports. Wheat saw week-to-week and year-to-year improvements, reflecting the good demand despite relatively high prices and a large world supply. The USDA’s next round of supply and demand estimates is out May 10^th.

The 2025/26 marketing year got underway June 1^st for wheat and September 1^st for beans, corn, and sorghum.

Wheat came out at 518,141 tons, up 245,712 from the week ending April 9^th and 7,891 from the week ending April 17^th, 2025. The primary destinations were the Philippines and Mexico. Closing in on the final month of the 2025/26 marketing year, wheat inspections are 21,490,827 tons, compared to 18,851,514 in 2024/25.

Corn was reported at 1,668,885 tons, 46,936 higher than the previous week, but 57,459 lower than a year ago. The top destinations were Mexico and Japan. At this point in the marketing year, corn inspections are 51,713,522 tons, compared to 39,240,852 this time last year.

Soybeans were pegged at 748,678 tons, 9,942 above the week before and 188,669 more than last year. The main destinations were China and Egypt. So far, this marketing year, soybean inspections are 32,171,954 tons, compared to 42,706,516 a year ago.

Sorghum inspections totaled 202,277 tons, an increase of 1,421 on the week and 201,420 on the year. The leading destinations were China and Japan. 2025/26 sorghum inspections are 3,328,836 tons, compared to 1,639,483 in 2024/25.