Soybean export inspections up on week, year

Soybean export inspections up on week, year

Nearly three quarters of a million tons of soybeans left U.S. ports for China last week. The USDA’s weekly export inspections update for the week ending February 21st says most of that came out of the Pacific Northwest, with a lesser amount shipping out of the Mississippi River. The pace of soybean export inspections has improved as trade talks between the U.S. and China move forward, but remains much slower than last marketing year because of the tensions with China and increased competition from Brazil.

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