The USDA says corn, sorghum, and soybean export inspections for the week ending August 12th were below year ago levels, but all three remain on pace to surpass expectations for the current marketing year. The 2021/22 marketing year started June 1st, 2021 for wheat and 2020/21 got underway September 1st, 2020 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out September 10th.
Wheat came out at 440,567 tons, down 213,402 from the week ending August 5th and 54,946 from the week ending August 13th, 2020.
