The USDA says that as of the week ending October 21st, corn, soybean, and wheat export inspections are running behind the respective paces needed to meet projections for the current marketing year. 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 November 9th.
Wheat came out at 140,413 tons, down 1,037 from the week ending October 14th and 259,232 from the week ending October 22nd, 2020.
