The USDA says that as of the week ending January 25th, U.S. corn export inspections continue to move faster than the pace needed to 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 round of supply and demand estimates is out February 8th.
Wheat came out at 264,666 tons, down 50,520 from the week ending January 18th and 181,452 from the week ending January 26th, 2023.
