The USDA says that as of the week ending April 22nd, corn and soybean export inspections remain well ahead of the pace needed to meet expectations for the 2020/21 marketing year. The 2020/21 marketing year kicked off June 1st, 2020 for wheat and September 1st, 2020 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out May 12th.

Wheat came out at 564,047 tons, down 62,623 from the week ending April 15th, but up 57,347 from the week ending April 23rd, 2020.

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