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3Q Grain Inspections Reach Second Highest Level
USAgNet - 10/19/2018

Third quarter 2018 inspections of grain (wheat, corn, and soybeans) for export from all U.S. ports reached 32 million metric tons (mmt), up 14 percent from the same time last year and were 25 percent above the 5- year average. They were also the second highest on record for the third quarter, behind 2016.

Total third quarter corn inspections increased in each of the major export regions, with Interior inspections reaching a record high. Corn and soybean inspections increased from last year, but wheat inspections decreased as shipments to Asia and Latin America receded.

Pacific Northwest grain inspections rebounded from last year during the quarter, with higher corn and soybean inspections, but total U.S. Gulf grain inspections (wheat, corn, and soybeans) decreased slightly.

Grain inspections in the Gulf, however, were 9 percent above the 5-year average. At 52 percent, the U.S. Gulf’s share of total grain exports was below the same time last year, as other regional shares increased.

Third quarter rail deliveries of grain, to the U.S. Gulf ports, were down 34 percent from last year.


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