The USDA says that as of the week ending January 11th, 2024, corn export inspections are ahead of the pace needed to meet projections for the current marketing year. The 2023/24 marketing year got underway June 1st, 2023 for wheat and September 1st, 2023 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out February 8th.
Wheat came out at 234,205 tons, down 267,705 from the week ending January 4th and 91,462 from the week ending January 12th, 2023.