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Wheat exports for marketing year (MY) 2022-2023 are forecast at 6.2 million tons (including wheat flour), 1.3 million tons lower than USDA’s official volume because of smaller beginning stocks, larger domestic consumption and larger ending stocks.
Corn, rice, and sorghum production forecasts are revised downward in marketing year MY 2022/23, while the wheat production estimate is increased to 3.6 MMT.