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Second Quarter Grain Inspections Reach Record High
USAgNet - 07/21/2017

In 2017, total second quarter inspections of grain (wheat, corn, and soybeans) for export from all major U.S. ports reached a record 29.8 million metric tons (mmt), according to USDA's Grain Inspection, Packers, and Stockyards Administration (GIPSA).

This amount is up 23 percent from the same period last year and 37 percent above the 5-year average.

Inspections of soybeans and wheat increased from last year, but corn inspections remained unchanged. During the second quarter, outstanding export sales of soybeans and wheat were well above the same time last year.

For the same period, outstanding export sales of corn were down from the same time last year.

For 2017/18, USDA's export projections in the July World Agricultural Supply and Demand Estimates (WASDE) report are down from the previous marketing year for corn and wheat, but up for soybeans.

Second quarter grain inspections increased 57 percent in the Pacific Northwest, also reflecting a 43 percent jump in PNW rail deliveries to port.


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