10/17 USDA reports exceeding corn, soybean, wheat, and sorghum export inspection pace for current marketing year.

USDA reports that export inspections for corn, soybean, and wheat as of October 17th are exceeding the pace needed to meet current marketing year projections. Wheat inspections reached 268,375 tons, corn at 999,811 tons, soybean at 2,433,530 tons, and sorghum at 47,472 tons. While some figures declined from last week, overall performance suggests potential for higher revenue for farmers. USDA's next supply and demand report is due November 8th.

October 21, 2024
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