The USDA says that as of the week ending March 30th, soybean and wheat export inspections remain ahead of the respective paces needed to meet projections for the marketing year. The 2022/23 marketing year started June 1st, 2022 for wheat and September 1st, 2022 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out April 11th.
Wheat came out at 168,543 tons, down 235,310 tons from the week ending March 23rd and 149,761 from the week ending March 31st, 2022.
