By Kirk Maltais 
 

Inspections of U.S. soybean exports have nearly doubled from the previous week, according to USDA data.

In its latest weekly grain export inspections report, the USDA said that soybean inspections for the week ended Jan. 13 totaled 1.72 million metric tons, up from 985,455 tons reported last week, but down from 2.32 million tons reported at this time last year.

Shipments to China comprise a large portion of this week's inspections for soybeans--with 868,727 tons being reported by the USDA.

Inspections for U.S. corn and wheat were also higher for the week--with corn shipments totaling 1.2 million tons and wheat shipments totaling 369,188 tons, both of which are higher from the same time last year.

Grain futures trading on the Chicago Board of Trade Monday are mixed Tuesday--with corn up 0.1%, soybeans down 0.5%, and wheat up 2.9%.

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

Write to Kirk Maltais at kirk.maltais@wsj.com

(END) Dow Jones Newswires

January 18, 2022 11:33 ET (16:33 GMT)