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March 12, 2015
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 2014/15 marketing year, through March 5, 2015 were 22.3 million metric tons (MMT), 24 percent lower than last year's year-to-date total of 29.1 MMT.

Net sales of 445,200 metric tons for delivery in the 2014/2015 marketing year were down 5 percent from the previous week, but up 21 percent from the prior 4-week average and within trade expectations of 300,000 to 450,000 MT. Increases were primarily for China (115,000 HRS), Mexico (91,721 HRW, -484 HRS, 21,105 SRW), the Philippines (9,900 HRW, 62,937 HRS, 500 SRW, 24,643 white), Japan (-24,677 HRW, 53,542 HRS, 7,140 white), unknown destinations (35,500 HRW, 15,423 HRS, -2,800 SRW, -12,470 white), and Trinidad and Tobago (5,600 HRW, 5,200 HRS, 7,000 SRW).

USDA forecasts 2014/15 U.S. wheat exports (including donations) to reach 24.5 MMT. Commitments to date (of wheat and wheat products) are 91 percent of total projected exports, below the five-year average of 94 percent of exports committed by this date.
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CS 150312.pdf
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