US corn inspected for export up 29.3% on week, 122.2% on year.

The amount of US corn inspected for export rose 29.3% week on week to 1.916 million mt in the week ended May 3. The amount of corn inspected was 122.2% higher than the 862,344 mt inspected for export in the year-ago week. The largest share of US grain exports last week was corn, at 67.3% of the total grains inspected for export. Soybeans held the second-largest share, consisting of 18.7% of US grains inspected for export. Wheat was the third-largest grain inspected for export, consisting of 11.5% of the total. In the 35 weeks since the current marketing year began September 1, the amount of US corn inspected for export totaled 33.192 million mt, 15.7% lower than in the same period the previous marketing year and 58.7% of the USDA’s 56.518 million mt projection for the current marketing year ending August 31.