The USDA says corn export inspections as of the week ending January 4th are ahead of what’s needed meet projections for the current marketing year. The 2023/24 marketing year kicked off June 1st, 2023 for wheat and September 1st, 2023 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out Friday, January 12th at Noon Eastern/11 Central.
Wheat came out at 491,074 tons, up 214,641 from the week ending December 28th, 2023 and 281,530 from the week ending January 5th, 2023.
