U.S. Wheat Associates (USW) publishes a new Commercial Sales report every Thursday documenting wheat export sales-to-date by country and class for the current marketing year compared to the previous marketing year on the same date. The report also includes a 10-year commercial sales history by class and country. Data is sourced from the USDA Foreign Agricultural Service Weekly Export Sales Report.
October 18 2018 Commercial Sales
U.S. export sales to date total
down 18% from last year’s pace
Net sales of
were reported this week
USDA expects 2018/19 U.S. wheat exports to total
up 14% from 2017/18
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 2018/19 marketing year, through October 11, 2018 were 12.1 million metric tons (MMT), 18% behind last year’s year-to-date total of 14.8 MMT.
Net sales of 476,000 metric tons (MT) for delivery in marketing year 2018/19 were reported. Sales were within trade expectations of 300,000 to 600,000 MT. Increases were primarily for Bangladesh (180,000 HRS), Japan (5,327 HRW, 28,743 HRS, 44,714 white, -77 durum), Unknown (600 HRW, 30,000 HRS, 15,450 SRW, 30,000 white), Italy (5,500 HRS, 30,000 durum), and the Philippines (6,390 HRW, 17,149 HRS, 8,189 white).
USDA forecasts 2018/19 U.S. wheat exports (including donations) to reach 27.9 MMT. Commitments to date (of wheat and wheat products) are 44% of total projected exports, behind the 5-year average of 62%.