The USDA says wheat export inspections as of the week ending April 21st are running ahead of the pace needed for the 2021/22 marketing year. The current marketing year started June 1st, 2021 for wheat and September 1st, 2021 for corn, sorghum, soybeans. The USDA’s next set of supply and demand estimates is out May 12th.
Wheat came out at 287,997 tons, down 158,228 from the week ending April 14th and 293,090 from the week ending April 22nd, 2021.