April 11, 2013
According to the U.S. Department of Agriculture's weekly Export Sales Report, total known outstanding sales and accumulated exports of all classes of wheat for the 2012/13 marketing year, through April 4, 2013 were 25.7 million metric tons (MMT), 2 percent lower than last year's year-to-date total of 26.3 MMT.
Net sales of 263,500 MT for the 2012/2013 marketing year were up 87 percent from the previous week, but down 50 percent from the prior 4-week average., and above trade expectations of 100,000 to 250,000 MT. Increases were primarily for Nigeria (90,415 HRW), the Philippines (29,545 HRS, 20,500 white), Uruguay (25,000 HRW), Japan (-81,170 HRS, 102,283 SRW, -991 white), Colombia (12,224 HRW, 300 HRS, 1,230 SRW), and Egypt (3,833 HRW, 7,830 SRW).
USDA forecasts 2012/13 U.S. wheat exports (including donations) to reach 27.9 MMT. Commitments to date (of wheat and wheat products) are 92 percent of total projected exports, down from the five-year average of 100 percent of exports committed by this date.
(See attached file: CS 130411.pdf) (See attached file: CS 130411.xls)