The USDA says that as of the week ending April 20th, soybean export inspections continue to run ahead of what’s 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 May 12th.
Wheat came out at 363,826 tons, up 111,345 from the week ending April 13th and 74,072 from the week ending April 21st, 2022.
