Wheat Shipments Rebound As Corn Export Pace Holds

Weekly USDA export inspections showed stronger wheat shipments, steady corn demand and continued buying interest from China and Mexico.

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 News) — U.S. wheat export inspections increased sharply during the week ending July 9, while corn shipments remained strong and China returned as an important destination for soybeans.

Wheat inspections reached about 13.7 million bushels, nearly triple the previous week. Corn inspections totaled roughly 60.6 million bushels, down from the prior week but still above last year.

Soybean inspections totaled about 15.4 million bushels. China received approximately 2.4 million bushels, while Mexico remained the largest overall grain customer.

Mexico took about 18.8 million bushels of corn, 2.8 million bushels of soybeans, and 2.7 million bushels of wheat. Sorghum inspections were minimal at roughly 25,000 bushels, nearly all bound for China.

Marketing-year corn inspections remain nearly 25 percent ahead of last year, supporting demand as producers prepare for harvest and heavier seasonal grain movement.

Farm-Level Takeaway: Strong corn movement and improving wheat shipments continue supporting export demand, while China and Mexico remain critical buyers.
Tony St. James, RFD News Markets Specialist

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.

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