The USDA says export inspections for the week ending December 9th were slower than what’s needed to meet projections for the current marketing year. The 2021/21 marketing year got underway June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out January 12th.
Wheat came out at 245,090 tons, down 1,167 from the week ending December 2nd and 18,350 from the week ending December 10th.