The USDA says that as of the week ending December 16th, the pace of corn, soybean, and wheat export inspections remains slower than what’s needed to meet projections for the current marketing year. The 2021/22 marketing year got underway June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out January 12th, 2022.
Wheat came out at 211,880 tons, down 56,960 from the week ending December 9th and 180,298 from the week ending December 17th, 2020.
