The USDA says that as of the week ending December 8th, corn and soybean export inspections are running behind the respective paces needed to meet projections for the current marketing year. The 2022/23 marketing year started 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, 2023.
Wheat came out at 218,460 tons, down 123,214 from the week ending December 1st and 50,502 from the week ending December 9th, 2021.
