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U.S. corn export inspections double year-over-year on strong global demand
The USDA is reporting another solid week for corn and wheat export inspections. Favorable pricing has boosted global demand for both corn and wheat, with weekly corn inspections more than double the year ago total, while wheat was up on the year, and Mexico led the way for both. Soybean inspections during the week ending October 30th were below the year before and continue to trail last marketing year because of the recent lack of demand from China. While China is scheduled to buy more U.S. soybeans this year, the shipping timeline is a question mark partially due to port logistics.
The 2025/26 marketing year began June 1st for wheat and September 1st for beans, corn, and sorghum.
The USDA will continue to issue export inspections reports until further notice during this partial shutdown of the federal government. A supply and demand report is scheduled for November 14th.
Wheat came out at 350,293 tons, up 80,873 from the week ending October 23rd and 132,660 from the week ending October 31st, 2024. The leading destinations were Mexico and the Philippines. Approaching the halfway point of the 2025/26 marketing year, wheat inspections are 11,825,139 tons, compared to 9,812,276 in 2024/25.
Corn was reported at 1,668,781 tons, an increase of 426,330 from the previous week and 868,572 from a year ago. The main destinations were Mexico and South Korea. Nearly a quarter into the marketing year, corn inspections are 12,256,942 tons, compared to 7,474,186 this time last year.
Soybeans were pegged at 956,063 tons, a decrease of 204,504 from the week before and 1,356,964 from last year. The primary destinations were Egypt and Italy. So far, this marketing year, soybean inspections are 7,780,444 tons, compared to 12,957,026 a year ago.
Sorghum totaled 67,487 tons, 29,145 higher than the prior week and 461 above a year ago. The sole destination was Saudi Arabia. 2025/26 sorghum inspections are 229,240 tons, compared to 542,188 in 2024/25.
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