The USDA says that as of the week ending February 1st, corn export inspections remain ahead of the pace needed to meet projections 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 set of supply and demand estimates is out Thursday, February 8th at Noon Eastern/11 Central.
Wheat came out at 266,269 tons, down 17,520 from the week ending January 25th and 324,290 from the week ending February 2nd, 2023.
