The USDA says corn, soybean, and wheat export inspections for the week ending September 7th were less than what’s needed to meet projections for the current marketing year. The 2023/24 marketing year got underway June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out Tuesday, September 12th at Noon Eastern/11 Central.
Wheat came out at 406,181 tons, up 88,105 from the week ending August 31st, but down 351,623 from the week ending September 8th, 2022.