August 20, 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 2009/10 marketing year, through August 13, 2009, were 7.680 million metric tons (MMT), 46 percent lower than last year's year-to-date total of 14.201 MMT.
Net sales of 358,900 metric tons were down 25 percent from the previous week and 26 percent from the prior 4-week average, but within trade estimates of 350,000 to 550,000 MT. Increases were reported for Indonesia (58,000 white), Thailand (16,000 HRW, 19,500 HRS, 16,500 white), Japan (28,840 HRW, 14,693 HRS, 6,160 white), Peru (20,500 HRW, 7,500 SRW), Italy (22,500 durum), and the Netherlands (10,750 HRS, 10,750 durum).
USDA forecasts 2009/10 U.S. wheat exports (including donations) to reach 25.86 MMT. Commitments to date (of wheat and wheat products) are 30 percent below total projected exports, down from the 5-year average of 43 percent of exports committed by this date.
(See attached file: CS 090813.pdf)(See attached file: CS 090813.xls)