The USDA says that as of the week ending December 31st, 2020, corn and soybean export inspections remain ahead of the pace needed to meet projections for the current marketing year. The 2020/21 marketing year started June 1st, 2020 for wheat and September 1st, 2020 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out January 12th.

Wheat came out at 324,983 tons, down 81,992 from the week ending December 24th, 2020 and 95,670 from the week ending January 4th, 2020.

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