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Corn export inspections down, still ahead of needed pace

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The USDA says that as of the week ending January 18th, 2024, U.S. corn export inspections remain ahead of the pace needed to meet projections for the current marketing year. The 2023/24 marketing year got underway June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out February 8th.

Wheat came out at 314,521 tons, up 72,112 from the week ending January 11th, but down 34,782 from the week ending January 19th, 2023.

Corn export inspections down, still ahead of needed pace