U.S. corn export inspections slowed last week, while soybean and wheat assessments moved higher, according to the latest USDA report. USDA says 1.64 million metric tons of corn were inspected for export during the week ending June 11, down from just over two million tons the previous week and slightly below the volume inspected during the same week last year. Soybean inspections improved to 522,687 metric tons, up from 412,122 tons the week before and more than double the amount inspected during the same period last year. Wheat export inspections also edged higher to 334,292 metric tons. Despite the weekly decline, corn exports remain well ahead of last year's pace. Since the start of the marketing year, USDA has inspected 65.6 million metric tons of corn for overseas shipment, compared to 52.1 million tons during the same period a year ago. Soybean and wheat export inspections continue to trail year-ago levels.
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