NEWS
Mon Jul 8, 2013 10:16 AM CDT

OMAHA (DTN) -- Wheat inspections were bullish, while corn and soybean inspections were bearish in this week's export inspections report, according to DTN Analyst Todd Hultman.

Corn weekly export inspections were bearish, Hultman said, with the reported 8.2 million bushels below the 13.2 mb needed this week to stay on pace with USDA's demand projection of 700 mb. Pre-report estimates ranged from 9 mb to 15 mb.

Soybean weekly export inspections were bearish, Hultman said, with the reported 2.5 million bushels below the 4.9 mb needed this week to stay on pace with USDA's demand projection of 1.330 billion bushels. ...

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