The USDA says that as of the week ending May 6th, 2020/21 corn, sorghum, and soybean export inspections remain well ahead of the 2019/20 pace. The current marketing year started June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out Wednesday, May 12th, at Noon Eastern/11 Central.
Wheat came out at 545,587 tons, up 12,883 tons from the week ending April 29th and 202,170 from the week ending May 7th, 2020.
