The USDA says that as of the week ending December 29th, 2022, U.S. wheat export inspections are in-line with the pace needed to meet projections for the current marketing year. The 2022/23 marketing year started June 1st, 2022 for wheat and September 1st, 2022 for corn, sorghum, and soybeans. The USDA’s next set of supply and demand estimates is out January 12th.
Wheat came out at 85,672 tons, down 228,035 from the week ending December 22nd, 2022 and 144,689 from the week ending December 30th, 2021.
