The USDA says that as of the week ending July 15th, 2020/21 corn and soybean export inspections were down on the week and year, but remain on pace to surpass the previous marketing year. The 2021/22 marketing year started June 1st, 2021 for wheat, while 2020/21 got underway September 1st, 2020 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out August 12th.
Wheat came out at 490,626 tons, up 62,807 from the week ending July 8th, but down 21,679 from the week ending July 16th, 2020.
