The USDA says soybean export inspections for the week ending November 12th were above what’s needed to meet projections for the marketing year. The 2020/21 marketing year got underway June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out December 10th.
Wheat came out at 325,948 tons, up 21,709 from the week ending November 5th, but down 137,101 from the week ending November 14th, 2019.
