Export inspections down on week

Export inspections down on week

The USDA says that during the week ending June 16th, corn, soybean, and wheat export inspections were below what’s needed to meet projections for the current marketing year. The 2021/22 marketing year kicked off September 1st, 2021 for beans, corn, and sorghum, while 2022/23 got underway June 1st, 2022 for wheat. The USDA’s next set of supply and demand estimates is out July 12th.

Wheat came out at 331,328 tons, down 80,588 from the week ending June 9th and 223,384 from the week ending June 17th, 2021.

    

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