Corn Leads Export Inspections, Wheat and Soybeans Lag

Corn and wheat inspections outpaced last year, but soybean movement remains seasonally active yet behind, keeping basis and freight dynamics in focus by corridor.

shipping containers import export tariffs_Photo by Ralf Gosch via AdobeStock_91592445.png

Photo by Ralf Gosch via Photo by Ralf Gosch via AdobeStock

WASHINGTON, D.C. (RFD-TV)Export movement from the United States this week tilted bullish for corn and wheat, while soybeans trailed last year’s pace.

For the week ended October 16, inspections totaled 1.32 million tons for corn (up from 1.21 million last week and above 1.00 million a year ago) and 480,614 tons for wheat (447,531 last week; 270,571 a year ago). Soybeans cleared 1.47 million tons, rebounding week over week but well below 2.55 million a year earlier. Sorghum remained light at 2,195 tons.

Marketing-year-to-date corn inspections reached 9.34 million tons (vs. 5.81 million last year), soybeans 5.54 million (vs. 8.01 million), and wheat 11.19 million (vs. 9.30 million).

The Gulf led volumes, notably Mississippi River loadings, with added strength from North Texas. Pacific Northwest shipments featured soft white wheat and soybeans, while interior rail/river moves supported sizable soybean loadings to Mexico and Taiwan. Soybean destinations skewed toward Bangladesh, Egypt, Germany, Japan, Pakistan, Spain, and Vietnam. Wheat classes were led by soft white through the Columbia River, alongside hard red winter wheat from Texas and the Gulf.

Farm-Level Takeaway: Corn and wheat inspections outpaced last year, but soybean movement remains seasonally active yet behind, keeping basis and freight dynamics in focus by corridor.
Tony St. James, RFD-TV Markets Expert
Related Stories
Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
Strong pork demand and improving beef exports outside China support protein markets despite ongoing trade barriers.
Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
Logistics capacity remains available, but winter volatility favors flexible delivery and marketing plans. NGFA President Mike Seyfert provides insight into grain transportation trends, trade policy, and priorities for the year ahead.
Traders are keeping a close eye on China’s soybean purchases as markets track export sales, shipments, and progress toward the ‘magical’ 12 million ton target promised last year.
As domestic production and blending slowed, export demand remained a clear bright spot.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

A disciplined, breakeven-based marketing plan helps protect margins and reduce risk, even when markets remain unpredictable.
Expanded school access to whole milk provides modest but reliable demand support for U.S. dairy producers.
The American Farm Bureau Federation’s 2026 agenda centers on labor stability, biosecurity, and economic resilience for family farms. Expanded DMC coverage improves risk protection for dairy operations facing tighter margins.
Agronomy experts explain why standing crop residue protects soil and reduces costs for crop growers, while shredding often yields little benefit at higher costs.
Freight volatility increasingly determines export margins, making logistics costs as important as price in marketing decisions.
China’s beef policy risk stems from domestic volatility, making export demand inherently unstable. Jake Charleston with Specialty Risk Insurance offers his perspective on cattle markets, risk management, and producer sentiment.