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USDA reports a big week for U.S. corn export inspections
The USDA is reporting a big week for corn export inspections. More than two million tons of corn left U.S. ports during the week ending February 19th, with most of that bound for Japan, South Korea, and Mexico, three key customers, all showing very strong demand this marketing year. Wheat also saw a week-to-week improvement thanks to consistent demand from a handful of regular buyers. Soybean inspections were below a year ago, but about half of that is headed to China. The USDA’s updated supply and demand estimates are out March 10th.
Physical shipments of corn and wheat are ahead of what’s needed to meet USDA projections for the current marketing year. The 2025/26 marketing year began June 1st for wheat and September 1st for beans, corn, and sorghum.
Wheat came out at 535,113 tons, up 157,140 from the week ending February 12th and 145,561 from the week ending February 20th, 2025. The primary destinations were the Philippines and Nigeria. Closing in on the final quarter of the 2025/26 marketing year, wheat inspections are 18,243,611 tons, compared to 15,278,528 in 2024/25.
Corn was reported at 2,005,050 tons, an increase of 500,199 from the previous week and 838,682 from a year ago. The top destinations were Japan and South Korea. Approaching the back half of the marketing year, corn inspections are 37,744,861 tons, compared to 25,915,684 this time last year.
Soybeans were pegged at 669,865 tons, a decrease of 545,434 from the prior week and 209,361 from last year. The leading destinations were China and Mexico. So far, this marketing year, soybean inspections are 25,033,167 tons, compared to 36,898,825 a year ago.
Sorghum inspections totaled 200,287 tons, 41,228 less than the week before, but 194,602 more than last year. The largest single destination was China, followed distantly by Japan. 2025/26 sorghum inspections are 1,926,752 tons, compared to 1,469,980 in 2024/25.
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