The USDA says that as of the week ending October 12th, U.S. soybean export inspections are ahead of the pace needed to meet projections for the current marketing year. The 2023/24 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 November 9th.

Wheat came out at 354,771 tons, up 48,708 from the week ending October 5th and 110,266 from the week ending October 13th, 2022.

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