The USDA says that as of the week ending December 1st, wheat export inspections are running slightly ahead of the pace needed to meet projections for the current marketing year. The 2022/23 marketing year started June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out Friday, December 9th at Noon Eastern/11 Central.
Wheat came out at 334,653 tons, up 50,177 from the week ending November 24th and 86,100 from the week ending December 2nd, 2021.
