The USDA says export inspections for the week ending May 9th were mostly lower than the week before. The 2021/22 marketing year started June 1st, 2021 for wheat and September 1st, 2021 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out Thursday, May 12th at Noon Eastern/11 Central.
Wheat came out at 236,847 tons, down 155,596 from the week ending April 28th and 326,751 from the week ending May 6th, 2021.
