August 6, 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 July 30, 2009, were 6.842 million metric tons (MMT), 46 percent lower than last year's year-to-date total of 12.634 MMT.
Net sales of 552,800 metric tons were down 4 percent from the previous week, but up 15 percent from the prior 4-week average and above trade estimates of 400,000 to 500,000 MT. Increases were reported for Nigeria (79,500 HRW, 5,000 HRS, 18,000 durum), Japan (29,240 HRW, 29,499 HRS, 29,000 white), China (56,878 SRW), Yemen (55,000 white), Sri Lanka (10,000 HRS, 45,000 white), Colombia (27,575 HRW, 25,215 SRW), and Brazil (21,200 HRW, 18,014 SRW).
USDA forecasts 2009/10 U.S. wheat exports (including donations) to reach 25.17 MMT. Commitments to date (of wheat and wheat products) are 27 percent below total projected exports, down from the 5-year average of 38 percent of exports committed by this date.
(See attached file: CS 090730.pdf)(See attached file: CS 090730.xls)