The USDA says corn export inspections as of the week ending February 29th continue to move out ahead of the pace needed to meet projections for the current marketing year. The 2023/24 marketing year got underway June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next round of supply and demand estimates is out Friday, March 8th at Noon Eastern/11 Central.
Wheat came out at 353,137 tons, down 128,862 from the week ending February 22nd, but up 12,050 from the week ending March 2nd, 2023.