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Grain Futures Lower Overnight; Export Inspections of Corn, Beans Rise

Soybean futures were higher, corn futures were little changed and wheat futures were mixed in overnight trading.

2. Export Inspections of Corn and Beans Rise Week-to-Week Inspections of corn and beans for overseas delivery rose week-to-week while wheat assessments declined, according to the USDA. Corn inspections rose to 1.64 million metric tons in the seven days that ended on Feb. 25 from 1.27 million the previous week, the agency said in a report. That was well above the 896,221 tons examined during the same week a year earlier. Soybean assessments were reported at 879,582 metric tons, up from 803,548 tons the previous week, the government said. Last week’s total was up from 589,230 tons assess...

2. Export Sales of Soybeans and Wheat Rise Week-to-Week Export sales of soybeans and wheat were higher week-to-week while corn sales were little changed, according to the USDA. Soybean sales in the seven days that ended on Dec. 3 were reported at 569,000 metric tons, up 40% from the previous week’s marketing-year low, but down 42% from the prior four-week average, the agency said. China was the big buyer at 685,400 metric tons, Mexico bought 178,600 tons, Thailand was in form 103,800 tons, the Netherlands took 95,200 tons and Egypt purchased 86,100 tons. The purchases, however, were of...