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December 17, 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 December 10, 2009, were 15.367 million metric tons (MMT), 27 percent lower than last year's year-to-date total of 21.120 MMT.

Net sales of 345,000 metric tons were up 41 percent from the previous week and 2 percent from the prior 4-week average, and within trade estimates of 300,000 to 400,000 MT. Increases were reported for Japan (42,900 HRW, 48,790 HRS, 46,330 white), Indonesia (61,001 HRW, 4,000 HRS, 3,041 white), Nigeria (57,500 HRW, 8,500 SRW), Guatemala (15,651 HRW, 8,149 HRS, 4,385 white), South Korea (8,000 HRW, 8,000 HRS, 384 SRW, 7,000 white), Mexico (2,899 HRW, 264 HRS, 18,231 SRW), Haiti (20,907 HRW), and the Dominican Republic (4,400 HRW, 12,160 HRS, 2,000 SRW).

USDA forecasts 2009/10 U.S. wheat exports (including donations) to reach 23.81 MMT. Commitments to date (of wheat and wheat products) are 66 percent below total projected exports, down from the 5-year average of 78 percent of exports committed by this date.

(See attached file: CS 091210.pdf)(See attached file: CS 091210.xls)
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