Weekly corn inspections totaled 1.83 MMT during the week ended April 10, up 215,540 MT from the previous week, while wheat inspections rose 269,373 MT.
Corn ending stocks for 2024-25 were lowered to 1.465 billion bu., notably lower than the average pre-report estimate of 1.510. Soybean ending stocks were pegged at 375 million bu., 4 million bu. below the average pre-report estimate.
Soybean sales during the week ended April 3 totaled 172,300 MT, which were down 58% from the previous week and 63% from the four-week average. Corn and wheat sales also declined on the week.
Weekly wheat inspections led the decline, dropping 166,621 MT during the week ended April 4, followed by corn (down 64,079 MT) and soybeans (down 8,799 MT).
Weekly corn, soybean and wheat sales each slid on the week, though exports were quite notable, with soybeans rising 56% from the previous week to 922,100 MT.
