The USDA says the week ending January 28th was another solid week for soybean export inspections. The 2020/21 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 February 9th.
Wheat came out at 396,873 tons, down 174,804 from the week ending January 21st and 38,847 lower than the week ending January 30th, 2020. The main destinations were South Korea and Japan.