The USDA says corn export inspections as of the week ending March 21st continue to move out ahead of the pace needed to meet projections for the current marketing year. The 2023/24 marketing year started June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out April 11th.
Wheat came out at 315,395 tons, down 79,084 from the week ending March 14th and 88,482 from the week ending March 23rd, 2023.