May 2, 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 25, 2013 were 26.5 million metric tons (MMT), 3 percent lower than last year's year-to-date total of 27.3 MMT.
Net sales of 219,200 MT for delivery in the 2012/2013 marketing year were up noticeably from the previous week, but down 14 percent from the prior 4-week average, and within trade expectations of 150,000 to 250,000 MT. Increases were primarily for Spain (70,020 SRW), Egypt (64,693 SRW), Sudan (58,810 HRW), Nigeria (35,067 HRW, 11,000 SRW), Japan (19,702 HRW, 19,942 HRS, 5,658 white), and Italy (41,430 HRS).
USDA forecasts 2012/13 U.S. wheat exports (including donations) to reach 27.9 MMT. Commitments to date (of wheat and wheat products) are 95 percent of total projected exports, down from the five-year average of 103 percent of exports committed by this date.
(See attached file: CS 130502.pdf) (See attached file: CS 130502.xls)