U.S. corn export inspections continue to move out faster than what’s needed to meet USDA projections for the current marketing year as of the week ending April 11th. The 2023/24 marketing year kicked off June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next round of supply and demand estimates is out May 10th.
Wheat came out at 551,278 tons, up 34,443 from the week ending April 4th and 273,876 from the week ending April 13th, 2023.