The USDA says that as of the week ending May 25th, soybean and wheat export inspections are ahead of the respective paces need 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 Friday, June 9th at Noon Eastern/11 Central.
Wheat came out at 382,031 tons, down 58,063 from the week ending May 18th, but up 37,712 from the week ending May 26th, 2022.
Soybean export inspections up on week
