The USDA says corn and soybean export inspections, as of the week ending June 17th, continue to run ahead of the pace needed to meet projections for the current marketing year. The 2021/22 marketing year started June 1st, 2021 for wheat, while 2020/21 got underway September 1st, 2020 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out July 12th.
Wheat came out at 548,578 tons, up 48,804 from the week ending June 10th, but down 137,458 from the week ending June 18th, 2020.
