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February 5, 2009

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 2008/09 marketing year, through January 29, 2009, were 22.682 million metric tons (MMT), 27 percent lower than last year's year-to-date total of 31.110 MMT.

Sales for the period of January 23 to January 29, 2009 were 326,800 metric tons, up noticeably from the previous week and from the prior 4-week average. Increases reported for Mexico (76,203 HRW, 15,359 HRS, 7,812 SRW), Iran (60,000 white), Thailand (9,000 HRW, 23,000 HRS, 18,000 white), Dominican Republic (11,773 HRW, 14,529 HRS, 19,168 SRW), Guatemala (23,000 HRW, 9,000 HRS, 10,000 white), Nigeria (24,953 HRW, 5,921 durum), Colombia (26,000 HRW, 4,700 SRW, ) were partially offset by decreases for unknown destinations (5,500 HRW, -4,000 HRS, -29,000 SRW, -21,979 durum) and Brazil (-48,000 HRW).

USDA forecasts 2008/09 U.S. wheat exports (including donations) to reach 27.22 MMT. Commitments to date (of wheat and wheat products) are 84 percent of total projected exports, down from the 5-year average of 88 percent of exports committed by this date.

(See attached file: CS 090129.pdf) (See attached file: CS 090129.xlsx)
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