Corn, Soybean, Wheat Exports Show Mixed Weekly Momentum

Corn and wheat exports remain supportive, but weaker soybean demand — especially from China — continues to pressure oilseed markets.

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) — U.S. grain export inspections posted mixed results in early December, with corn and wheat shipments remaining historically strong while soybean volumes continued to lag last year amid softer demand from China. Weekly data through December 11 show steady overall movement, but divergent trends among major row crops.

Corn inspections totaled about 1.58 million metric tons for the week, down from the prior week but still well above last year’s pace. Market-year-to-date corn inspections climbed to more than 22.5 million metric tons, running far ahead of last season and supported by shipments through Gulf and Pacific Northwest ports.

Soybean inspections declined to roughly 796,000 metric tons for the week and remain sharply below last year’s cumulative pace. While China remained an active destination for Mississippi River loadings, overall soybean demand continues to trail the previous season, as China sources more from South America.

Wheat inspections rose week over week to about 488,000 metric tons, lifting year-to-date shipments above last year’s total. Strong Pacific Northwest movement, particularly soft white wheat, continues to support export volume.

Related Stories
Both imports and exports are moving through the Panama Canal at a slower pace as the ag industry continues to deal with drought-related restrictions.
The State of Louisiana is known as a major wintering location for North American waterfowl. However, a new visitor — a species of Whistling Ducks hailing from South America — may pose a problem to native species.
The FAO Food Price Index for October 2023 is out. Where do global food prices stand, and which categories saw the largest gains?
In today’s production update, Total Acre Farming’s David Hula has an enlightening conversation with Jeremy Rountree about a new, industry-disrupting product from Brandt Fungicide.
Gov. Sarah Huckabee Sanders spoke with RFD-TV’s own Susan Alexander this Monday morning on the Market Day Report to explain Arkansas’s recently passed giving lawmakers greater authority to sanction foreign ag-land ownership within the state.
Researchers out of the United Kingdom are using gene editing technology to help make High-Path Avian Flu less of a threat to poultry.

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:

Spring Weather Creates Uneven Early Season Field Conditions
USDA Cattle-on-Feed report for March shows slightly lower inventory and higher February placements, signaling a tighter supply but steady outlook for the U.S. cattle herd.
Energy risks could reshape global ag trade flows.
The ag trade deficit is narrowing, but export competition remains strong.
E15 policy could shape future corn demand outlook.
Agricultural groups warn that the deal could limit competition and raise transportation costs for farmers