Solid week for U.S. soybean export inspections

The USDA says that as of the week ending September 21st, the pace of soybean export inspections are ahead what’s needed to meet projections for the current marketing year. The 2023/24 marketing year started June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out October 12th.

Wheat came out at 451,004 tons, up 28,365 from the week ending September 14th, but down 138,227 from the week ending September 22nd, 2022.

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Solid week for U.S. soybean export inspections