The USDA says that as of the week ending May 13th, 2021, 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 June 10th.
Wheat came out at 658,509 tons, up 94,911 from the week ending May 6th and 166,733 from the week ending May 14th, 2020.
