The USDA says that for the week ending August 24th, U.S. corn export inspections were above the mark to meet USDA projections for the current marketing year, while soybeans were in line with the needed pace. The 2023/24 marketing year kicked off June 1st, 2023 for wheat, while 2022/23 started September 1st, 2022 for beans, corn, and sorghum. The USDA’s updated supply and demand estimates are out September 12th.
Wheat came out at 390,364 tons, up 79,050 from the week ending August 17th, but down 240,872 from the week ending August 25th, 2022.
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