The USDA says corn and wheat export inspections during the week ending April 25th were more than 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 corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out May 10th.
Wheat came out at 481,183 tons, up 30,860 from the week ending April 18th and 115,940 from the week ending April 27th, 2023.