The USDA says corn, sorghum, soybean, and wheat export inspections during the week ending June 30th were below what’s needed 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 got underway June 1st, 2022 for wheat. The USDA’s next set of supply and demand estimates is out Tuesday, July 12th at Noon Eastern/11 Central.
Wheat came out at 111,830 tons, down 241,064 from the week ending June 23rd and 256,449 from the week ending July 1st, 2021.
Mexico last week’s top destination for U.S. export inspections
