Soybean export inspections down on week, year

Soybean export inspections down on week, year

The USDA says soybean export inspections as of the week ending November 23rd remain ahead of what’s needed to meet 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 276,585 tons, down 89,887 from the week ending November 16th and 7,891 from the week ending November 24th, 2022.