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.

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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.

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