The USDA says that as of the week ending September 23rd, corn, sorghum, soybean, and wheat export inspections are all running behind the previous marketing year’s respective paces. Export operations are slowly resuming at the Louisiana Gulf following damage from Hurricane Ida. The 2021/22 marketing year started June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out October 12th.
Wheat came out at 286,087 tons, down 278,521 from the week ending September 16th and 302,938 from the week ending September 24th, 2020.
