USDA Reports Strong Corn and Sorghum Export Inspections

The United States Department of Agriculture (USDA) has released its latest data on export inspections for corn, sorghum, and soybeans. The numbers show that global demand for these grains remains strong.

Corn inspections during the week ending July 30th were higher than expected, with a total of 1,884,680 tons inspected. This is up from the previous week's figure of 1,533,259 and also an increase from this time last year when 1,295,823 tons were inspected.

The main destinations for corn exports were Mexico and South Korea, both of which are key customers for U.S. corn. The USDA notes that these countries are consistent buyers of U.S. corn and their continued demand is a positive sign for the market.

Sorghum inspections also exceeded expectations, with 103,528 tons inspected during the week ending July 30th. This is an increase from both the previous week's figure of 50,141 and this time last year when 11,875 tons were inspected. China was the top destination for sorghum exports, followed by Eritrea.

The USDA also reported on soybean inspections, which totaled 343,941 tons during the week ending July 30th. This is a decrease from both the previous week's figure of 365,720 and this time last year when 628,403 tons were inspected. Indonesia and Mexico were the top destinations for soybean exports.