The USDA says that as of the week ending November 11th, corn, sorghum, soybean, and wheat export inspections remain behind the pace 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 December 9th.
Wheat came out at 388,743 tons, up 137,291 from the week ending November 4th and 54,826 from the week ending November 12th, 2020.
