The USDA says corn and soybean export inspections as of the week ending August 5th remain ahead of the pace needed to meet expectations 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 Thursday, August 12th at Noon Eastern/11 Central.
Wheat came out at 605,793 tons, up 200,578 from the week ending July 29th and 128,605 from the week ending August 6th, 2020.
