# Grain Transportation Report, April 27, 2023

> USDA's Grain Transportation Report showed first-quarter 2023 grain inspections at 31 million metric tons, down 14% year over year and 6% below the five-year average. The decline reflected lower corn and wheat inspections, with U.S. Gulf corn inspections down 47% as competition from Russia and Ukraine increased.

- Date: 2023-04-27 · published 2023-04-27T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/16635-grain-transportation-report-april-27-2023
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Weaker U.S. export inspections signal reduced foreign demand for U.S. corn and wheat, which is bearish for domestic prices and supports feed grain supply availability.

## Read by commodity

- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-04-21 | [Grain Transportation Report, April 21, 2022](https://feedsoft.ai/events/16719-grain-transportation-report-april-21-2022.md) | -1.5% | -3.5% |
| CORN | 2019-04-18 | [Grain Transportation Report, April 18, 2019](https://feedsoft.ai/events/59495-grain-transportation-report-april-18-2019.md) | -1.7% | +1.8% |
| CORN | 2023-08-24 | [Grain Transportation Report, August 24, 2023](https://feedsoft.ai/events/16609-grain-transportation-report-august-24-2023.md) | -2.8% | -8.9% |
| CORN | 2023-05-11 | [Grain Transportation Report, May 11, 2023](https://feedsoft.ai/events/14842-grain-transportation-report-may-11-2023.md) | -9.2% | -10.3% |
| CORN | 2023-08-31 | [Grain Transportation Report, August 31, 2023](https://feedsoft.ai/events/12856-grain-transportation-report-august-31-2023.md) | +1.5% | -6.4% |
| WHEAT | 2022-04-21 | [Grain Transportation Report, April 21, 2022](https://feedsoft.ai/events/16719-grain-transportation-report-april-21-2022.md) | +8.3% | +12.9% |
| WHEAT | 2023-08-24 | [Grain Transportation Report, August 24, 2023](https://feedsoft.ai/events/16609-grain-transportation-report-august-24-2023.md) | -4.9% | -2.2% |
| WHEAT | 2023-05-11 | [Grain Transportation Report, May 11, 2023](https://feedsoft.ai/events/14842-grain-transportation-report-may-11-2023.md) | -1.1% | -7.6% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.04-27-2023

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.