The USDA says that as of the week ending November 16th, corn and soybean export inspections are ahead of the paces needed to meet the respective projections for the current marketing year. The 2023/24 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 December 8th.
Wheat came out at 358,254 tons, up 135,682 from the week ending November 9th and 66,827 from the week ending November 17th, 2022.
