Wheat 🔹336,349 MT
After a delay in release,The U.S. Department of Agriculture’s report indicates that inspections of U.S. grain exports have increased, although overall levels remain relatively low. In the week ending June 29, the USDA reported that corn export inspections reached 642,900 metric tons, soybean inspections totaled 250,055 tons, and wheat inspections amounted to 336,349 tons. Leading destinations for U.S. wheat included Brazil, while Japan was the primary destination for corn, and Indonesia for soybeans. A slight increase compared to the previous week’s numbers. Grain futures on the CBOT are reflecting this trend, with active corn futures up by 0.5%, soybeans up by 2.2%, and wheat down by 0.1% in early-week trading. It is important to note that the trading week is shortened due to the observance of Independence Day.
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