The USDA says old crop corn and soybean export inspections as of the week ending July 6th are showing more signs of slowing down ahead of the end of the marketing year. The 2023/24 marketing year started June 1st, 2023 for wheat, while 2022/23 got underway September 1st, 2022 for beans, corn, and sorghum. The USDA’s next set of supply and demand estimates is out Wednesday, July 12th at Noon Eastern/11 Central.
Wheat came out at 419,134 tons, up 76,959 from the week ending June 29th and 109,132 from the week ending July 7th, 2022.
Wheat export inspections up on week, others down
