The USDA says that as of the week ending May 16th, corn export inspections remain on pace to meet projections for the current marketing year. The 2023/24 marketing year got underway June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out June 12th.
Wheat came out at 205,612 tons, down 177,446 from the week ending May 9th and 234,482 from the week ending May 18th, 2023.
