By Kirk Maltais
Export inspections for U.S. corn have turned higher from last week, while soybeans and wheat fell back, the Agriculture Department said.
In its latest grain export inspections report, the USDA said that corn export inspections totaled 899,810 metric tons, up from 649,303 tons last week. However, the total is down from this time last year - and total inspections for the marketing year are still 38% behind the previous year.
Soybean and wheat inspections both fell back from the previous week - totaling 542,238 tons and 268,136 tons, respectively.
Mexico was the leading destination for both U.S. corn and wheat, while China was the leading destination for soybeans.
Grain futures trading on the CBOT are mixed in trading, with most-active corn futures down 0.3%, soybeans up 1%, and wheat down 1.6%.
Write to Kirk Maltais at kirk.maltais@wsj.com
To see related data, search "USDA Grain Inspections for Export in Metric Tons" in Dow Jones NewsPlus.
(END) Dow Jones Newswires
03-06-23 1128ET
