The USDA says corn, soybean, and wheat export inspections for the week ending July 28th were less than what’s needed to meet projections for the current respective marketing years. The 2021/22 marketing year started September 1st, 2021 for corn, sorghum, and soybeans, while 2022/23 got underway June 1st, 2022 for wheat. The USDA’s next set of supply and demand estimates is out Friday, August 12th at Noon Eastern/11 Central.
Wheat came out at 256,601 tons, down 218,925 from the week ending July 21st and 148,614 from the week ending July 29th, 2021.