U.S. Soybean Export Inspections Up From Last Week

By Kirk Maltais

Export inspections of U.S. soybeans are up from the prior week, but remain well behind the amount of shipments seen at this time last year.

In its latest report, the Agriculture Department said soybean inspections for the week ended Dec. 4 totaled 1.02 million metric tons. That's up from 932,486 tons from last week, but only a little more than half the amount reported at this time last year.

Soybean futures on the CBOT are down 1.1% in late morning trading, leading the grain complex lower. Corn fell 0.2%, and wheat retreated 0.5% as traders prepare for events this week, including tomorrow's WASDE report and the Federal Reserve's decision as market bellweathers.

Corn inspections totaled 1.45 million tons for the week, while wheat finished at 393,341 tons. Shipments reported by the USDA that were destined to China totaled 119,875 tons, the first time in many months that shipments to China were reported.

Write to Kirk Maltais at [e-mail]

To see related data, search "USDA Grain Inspections for Export in Metric Tons" in Dow Jones NewsPlus.

(END) Dow Jones Newswires

12-08-25 1220ET