Export Inspections of Corn and Soybeans Rise While Wheat Drops

Week-to-week exports of corn and beans rose while wheat assessments declined. Corn inspections in the seven days ending on April 22 came in at 1.95 million tons. That’s up from 1.56 million metric tons the previous week and was almost double the 1.08 million tons two weeks ago. Soybean assessments last week totaled almost 224,000 […]

Wheat Export Pace Remains Strong

Seven months into the 2020-2021 marketing year, USDA forecasts total wheat exports will reach 26.8 million metric tons which, if realized, would be 2% higher than the previous year. USWheat.org says that number would also be 7% higher than the five-year average. As of December 24, U.S wheat commercial sales were 9% ahead of last […]

U.S. Commercial Wheat Sales Ahead of Last Year’s Pace

USDA estimates that the U.S. will export 26.5 million metric tons of wheat in the 2020-2021 marketing year, which if realized would be 1% of the 2019 pace. However, four months into the marketing year, total U.S. wheat commercial sales are 12% ahead of last year’s pace at 16.8 million metric tons and 15% ahead […]

Jakanowski Expects Wheat Prices To Rise

World Ag Board Outlook Chair Mark Jakanowski said there is not a lot to report on the wheat crop. “We’ve made some fairly minor adjustments to the U-S balance sheet, pulled back our feed and residual estimate a little bit , that reflects new information that came out of the March stocks report and also […]

USDA: Demand For U.S. Wheat Remains High

Despite expected record global wheat production and record world ending stocks in the current marketing year U.S. wheat exports are doing well in the global marketplace.  Acting World Agricultural Outlook Board Chair, Mark Jekanowski, said U.S. wheat exports are up 25 million bushels from November.   “We’ve seen strengthening prices out of the Black Sea […]