Wheat export inspections as of the week ending December 22nd are slightly 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 and demand estimates is out January 12th, 2023.
Wheat came out at 280,554 tons, down 23,554 from the week ending December 15th and 33,948 from the week ending December 23rd, 2021.