The USDA says corn export inspections during the week ending May 20th moved at a fast pace. The 2020/21 marketing year started June 1st, 2020 for wheat and September 1st, 2020 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out June 10th.
Wheat came out at 573,912 tons, down 86,386 from the week ending May 13th, but up 109,055 from the week ending May 21st, 2020.