The USDA says that as of the week ending April 1st, corn and soybean export inspections remain on pace to meet or exceed 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 Friday.
Wheat came out at 594,032 tons, up 287,453 from the week ending March 25th and 243,842 from the week ending April 2nd, 2020.