The USDA says that as of the week ending June 23rd, corn, soybean, and wheat export inspections remain behind the needed paces to meet projections for the current, respective, marketing years. The 2021/22 marketing year started September 1st, 2021 for beans, corn, and sorghum, while 2022/23 kicked off June 1st, 2022 for wheat. The USDA’s next set of supply and demand estimates is out July 12th.
Wheat came out at 352,404 tons, up 4,095 from the week ending June 16th and 61,001 from the week ending June 24th, 2021.
