Export inspections mostly lower on week, year

Export inspections mostly lower on week, year

The USDA says corn, soybean, and wheat export inspections during the week ending December 28th, 2023 were slower than what’s needed to meet projections for the current marketing year. The 2023/24 marketing got underway June 1st, 2023 for wheat and September 1st, 2023 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out Friday, January 12th at Noon Eastern/11 Central.

Wheat came out at 273,671 tons, up 187,760 from the week ending December 21st, 2023, but down 188,299 from the week ending December 29th, 2022.