Weekly soybean inspections during the week ended Sept. 26 totaled 675,749 MT, up 177,000 MT from the previous week, while corn and wheat inspections each declined on the week.
Weekly corn inspections during the week ended Sept. 19 totaled 1.1 MMT, up 534,000 MT from the previous week while wheat inspections of 711,000 MT rose 122,000 MT.
Soybean sales notably topped pre-report expectations for the week ended Sept. 12, while wheat sales were short of analysts’ pre-report range.
Corn inspections during the week ended Sept. 12 were down 318,180 MT from the previous week, while soybean inspections rose a modest 36,284 MT.
USDA bumped the corn yield by 0.5 bu. per acre from its August estimate, while the soybean estimate was unchanged 53.2 bu. per acre.
While corn sales proved lackluster, net soybeans sales were notable at 1.47 MMT, though both corn and soybean sales are notably trailing the same period a year-ago.
Corn, soybean wheat inspections each faded from the previous week, but were within the range of analysts’ pre-report expectations.
New crop corn sales exceeded pre-report expectations by more than 400,000 MT during the week ended Aug. 29, while soybean sales were also notable at 1.66 MMT.
Weekly soybean inspections rose 77,000 MT from the previous week, just shy of topping the upper-end of analysts’ pre-report expectations.
Scouts measured average corn yield potential of 192.79 bu. per acre. Pod counts in a 3’x3’ square averaged 1,312.31.

Hillari Mason