The USDA says soybean export inspections as of the week ending February 16th are faster than 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 beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out March 8th.
Wheat came out at 373,429 tons, down 98,898 from the week ending February 9th and 197,430 from the week ending February 17th, 2022.
