The USDA says wheat export inspections as of the week ending May 19th were in-line with what’s needed to meet projections for the current marketing year. The 2021/22 marketing year got underway June 1st, 2021 for wheat and September 1st, 2021 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out June 10th.
Wheat came out at 309,501 tons, down 39,436 from the week ending May 12th and 289,440 from the week ending May 20th, 2021.
