The USDA says corn and soybean export inspections as of the week ending March 18th continue to run ahead of the projected pace 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 quarterly grain stocks report is out March 31st and the next set of supply and demand estimates is scheduled for April 9th.
Wheat came out at 648,485 tons, down 63,673 from the week ending March 11th, but up 294,019 from the week ending March 19th, 2020.
