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Export inspections down on week, year

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The USDA says that as of the week ending August 3rd, 2023, soybean export inspections are ahead of what’s needed to meet projections for the current marketing year. The 2023/24 marketing year got underway June 1st, 2023 for wheat, while 2022/23 kicked off September 1st, 2022 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out Friday, August 11th at Noon Eastern/11 Central.

Wheat came out at 275,067 tons, down 310,251 from the week ending July 27th and 360,653 from the week ending August 4th, 2022.

Export inspections down on week, year

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