The U.S. Department of Agriculture released encouraging data regarding agricultural export inspections this week, showing gains in several key commodity areas. Both soybean and sorghum shipments demonstrated growth when compared to the previous week and the same timeframe from last year, as Chinese orders placed earlier in the current marketing cycle begin moving through American shipping facilities.
Wheat inspection numbers declined from the prior week but remained higher than year-ago levels, demonstrating continued strong interest from several important international buyers of U.S. grain products.
