The USDA says soybean export inspections as of the week ending October 26th continue to run ahead of what’s needed to meet projections for the current marketing year. The 2023/24 marketing year started June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out November 9th.
Wheat came out at 189,842 tons, up 20,362 from the week ending October 19th and 52,760 from the week ending October 27th, 2022.
