The USDA says soybean and wheat export inspections as of the week ending March 16th remain ahead of the respective paces needed to meet projections for the current marketing year. The 2022/23 marketing year got underway June 1st, 2022 for wheat and September 1st, 2022 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out April 11th.
Wheat came out at 374,224 tons, up 117,323 from the week ending March 9th and 39,156 from the week ending March 17th, 2022.
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