The USDA says corn, soybean, and wheat export inspections as of the week ending July 14th are running behind the paces needed to meet projections for the current respective marketing years. The 2021/22 marketing year got underway September 1st, 2021 for beans, corn, and sorghum, while 2022/23 started June 1st, 2022 for wheat. The USDA’s next set of supply and demand estimates is out August 12th.
Wheat came out at 185,989 tons, down 124,013 from the week ending July 7th and 349,909 from the week ending July 15th, 2021.
