The USDA says corn and soybean export inspections for the week ending February 4th were more than what’s needed to meet projections for the current marketing year. The 2020/21 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 Tuesday at Noon Eastern/11 Central.
Wheat came out at 441,076 tons, up 26,828 from the week ending January 28th, but down 126,549 from the week ending February 6th, 2020.