The USDA says three key trading partners led the way for export inspections during the week ending July 27th. The 2023/24 marketing year started June 1st, 2023 for wheat, while 2022/23 got underway September 1st, 2022 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out Friday, August 11th at Noon Eastern/11 Central.
Wheat came out at 581,278 tons, up 220,113 from the week ending July 20th and 299,204 from the week ending July 28th, 2022.