Corn inspections during the week ended May 29 rose 157,000 MT, topping the pre-report range. Soybean inspections also rose on the week, while wheat inspections declined modestly.
Corn sales during the week ended May 22 dipped 23%, while soybean sales declined 53%. Meanwhile, new-crop wheat sales remained firm.
Wheat inspections during the week ended May 22 rose on the week, while corn and soybean inspections each marked declines.
During the week ended May 15, corn inspections rose 419,000 MT from the previous week, nearly topping analysts’ pre-report range. Soybean inspections were notably short of expectations.
While old- and new-crop ending stocks were both well below pre-report expectations, wheat production landed well above analysts’ estimates.
Weekly corn inspections during the week ended May 8 declined 392,000 MT from the previous week, while soybean inspections rose on the week.
Weekly wheat inspections during the week ended May 1 led the decline, falling 339,000 MT.
Wheat inspections during the week ended April 24, were up notably on the week, topping anlysts’ pre-report expectations. Net corn and soybean sales each declined on the week but were as expected.
During the week ended April 17, wheat notched net reductions, falling noticeably from the previous week, while soybean sales declined 50% and corn sales down 26%.
Weekly corn and wheat inspections each declined on the week, but exceeded pre-report expectations

Hillari Mason