The USDA says that as of the week ending February 8th, corn export inspections continue to run ahead of the pace needed to meet estimates for the current marketing year. The 2023/24 marketing year began June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next round of supply and demand projections is scheduled for March 8th.
Wheat came out at 407,476 tons, up 111,936 from the week ending February 1st but down 64,851 from the week ending February 9th, 2023.
