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 May 23, 2013 were 27.1 million metric tons (MMT), 3 percent lower than last year's year-to-date total of 27.9 MMT.
Net sales of 35,900 MT--a marketing-year low--for delivery in the 2012/2013 marketing year were down 85 percent from the previous week and 82 percent from the prior 4-week average, and within trade expectations of zero to 200,000 MT. Increases were primarily for Nigeria (65,963 HRW, 12,408 durum), Yemen (54,999 white), Brazil (45,224 HRW, 500 SRW), Japan (-70 HRW, 394 HRS, 23,567 SRW, -5,330 white, 1 durum), and Canada (17,010 SRW, -9 white).
USDA forecasts 2012/13 U.S. wheat exports (including donations) to reach 27.9 MMT. Commitments to date (of wheat and wheat products) are 98 percent of total projected exports, down from the five-year average of 104 percent of exports committed by this date.
(See attached file: CS 130531.pdf)(See attached file: CS 130531.xls)