The USDA says corn and soybean export inspections as of the week ending May 26th are behind the pace needed to meet expectations for the current marketing year. The 2021/22 marketing year started June 1st, 2021 for wheat and September 1st, 2021 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out June 10th.
Wheat came out at 343,927 tons, up 68,386 from the week ending May 19th and 26,649 from the week ending May 27th, 2021.
