U.S. wheat export inspections as of the week ending November 3rd are ahead of the pace needed to meet USDA projections for the current marketing year. The 2022/23 marketing year started June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply, demand, and production estimates is out Wednesday, November 9th at Noon Eastern/11 Central.
Wheat came out at 180,991 tons, up 43,909 from the week ending October 27th, but down 71,049 from the week ending November 4th, 2021.
