The USDA says that corn and soybean export inspections for the week ending November 9th were above what’s needed to meet projections for the current marketing year. The 2023/24 marketing year kicked off June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out December 8th but could be delayed if Congress is unable to pass a budget.
Wheat came out at 207,205 tons, up 92,887 from the week ending November 2nd and 36,757 from the week ending November 10th.
