# Grain Transportation Report, April 21, 2022

> Q1 2022 grain inspections in the Interior rose 33% above the five-year average, with shipments to Mexico up 19% and to China up 144%. National corn inspections were 25% above the five-year average but 7% lower year on year, with over 90% of shipments going to Asia and Latin America. Soybean inspections fell 14% year on year, and wheat inspections were 9% lower, with the Atlantic and Great Lakes down 97%.

- Date: 2022-04-21 · published 2022-04-21T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/16719-grain-transportation-report-april-21-2022
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower year-on-year export inspections point to weaker US demand from Asia and Latin America, which pressures corn and soybean prices. Strong Interior shipments to Mexico and China partly offset that weakness.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2023-04-27 | [Grain Transportation Report, April 27, 2023](https://feedsoft.ai/events/16635-grain-transportation-report-april-27-2023.md) | -0.9% | -4.0% |
| 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 | 2020-05-21 | [Grain Transportation Report, May 21, 2020](https://feedsoft.ai/events/53011-grain-transportation-report-may-21-2020.md) | +0.2% | +2.8% |
| CORN | 2022-10-20 | [Grain Transportation Report, October 20, 2022](https://feedsoft.ai/events/39304-grain-transportation-report-october-20-2022.md) | -0.2% | -1.1% |
| CORN | 2021-10-01 | [Grain Transportation Report, October 21, 2021](https://feedsoft.ai/events/44415-grain-transportation-report-october-21-2021.md) | +0.7% | +3.7% |
| SOY | 2019-04-18 | [Grain Transportation Report, April 18, 2019](https://feedsoft.ai/events/59495-grain-transportation-report-april-18-2019.md) | -2.2% | -4.5% |
| SOY | 2020-05-21 | [Grain Transportation Report, May 21, 2020](https://feedsoft.ai/events/53011-grain-transportation-report-may-21-2020.md) | +0.0% | +3.1% |
| SOY | 2024-03-21 | [Grain Transportation Report, March 21, 2024](https://feedsoft.ai/events/16559-grain-transportation-report-march-21-2024.md) | -1.4% | -6.2% |

## Sources

- doi.org: https://doi.org/10.9752/ts056.04-21-2022

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