WASHINGTON, D.C. (RFD NEWS) — U.S. grain export inspections stayed solid for the week ending May 7, with corn still leading the export pace and soybeans posting a strong weekly rebound. USDA inspected about 66.6 million bushels of corn, down from 80.3 million the previous week but 30 percent above the same week last year.
Corn inspections for the marketing year reached about 2.25 billion bushels, up 30 percent from last year’s 1.73 billion. Soybean inspections totaled about 24.1 million bushels, up from 18.6 million a week earlier and 49 percent above last year.
Wheat inspections reached about 18.8 million bushels, slightly above the previous week and 26 percent higher than a year ago. Sorghum inspections totaled about 3.1 million bushels.
Mexico remained a key destination for corn, while China was a major destination for soybeans and sorghum. Wheat movement was led by Pacific and Gulf shipments.
Farm-Level Takeaway: Corn export inspections remain well ahead of last year, while soybeans showed a stronger weekly pace despite weaker marketing-year totals.
Tony St. James, RFD News Markets Specialist
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
Domestic demand policy may play a larger role if export competition continues to limit price recovery.
Tennessee corn and soy farmer Josh Ogle joins us to discuss rapid planting progress in the state, improving moisture conditions, and early crop development challenges in the MidSouth region.
April 30, 2026 05:12 PM
·
Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
April 30, 2026 01:38 PM
·
Expanded export financing could provide greater support for ag sales abroad if buyers and lenders use the additional tools.
April 30, 2026 12:38 PM
·
