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WHEAT FUTURES (W) - CBR (FLOOR)/C1

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China Remains Main Destination for U.S. Corn

07/26/2021 | 11:34am EDT

By Kirk Maltais

Corn export inspections remain largely supported by inspections of exports destined for China, according to USDA data.

In the USDA's weekly report, corn export inspections totaled 1.04 million metric tons for the week ended July 22. Of that, inspections of corn destined for China totaled 489,820 tons.

China was also a destination for U.S. wheat, with inspections of wheat destined for China totaling 67,634 tons for the week. In total, wheat inspections totaled 477,964 tons.

Grain futures trading on the CBOT are down Monday, in reaction to milder-than-expected temperatures in U.S. growing areas. Corn futures are down 1%, soybeans are down 0.6%, and wheat is down 1.2%.

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

07-26-21 1133ET

Stocks mentioned in the article
ChangeLast1st jan.
CORN FUTURES (C) - CBR (FLOOR)/C1 0.71% 529.25 End-of-day quote.6.82%
WHEAT FUTURES (W) - CBR (FLOOR)/C1 1.70% 717.75 End-of-day quote.10.19%
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