The USDA says that corn, sorghum, and soybean export inspections as of the week ending February 18th continue to run ahead of what’s needed to meet projections for the current marketing year. 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 March 9th.

Wheat came out at 324,597 tons, down 94,219 from the week ending February 11th and 112,739 from the week ending February 20th, 2020.

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