The USDA says wheat export inspections as of the week ending October 13th are ahead of the pace need to meet projections for the current marketing year. The 2022/23 marketing year kicked off June 1st for wheat and September 1st for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out November 9th.
Wheat came out at 231,842 tons, down 384,026 from the week ending October 6th, but up 89,993 from the week ending October 14th, 2021.
