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.
June 04 2020 Commercial Sales
U.S. export sales to date for delivery in 2019/20 total
up 3 percent from last year
Net sales of
179,000 metric tons
were reported this week
USDA expects 2019/20 U.S. wheat exports to total
up 3% from 2018/19, if realized
According to the U.S. Department of Agriculture’s (USDA) weekly Export Sales Report, total known outstanding sales and accumulated exports of all classes of wheat for the 2019/20 marketing year, through May 28, 2020, were 26.9 million metric tons (MMT), up 4 percent from last year.
Net sales of 179,000 metric tons (MT) were reported for delivery in 2019/2020, down 15 percent from last week’s 210,000 MT but within trade expectations of 50,000 to 250,000 MT. Increases were reported for Ecuador (159,375 HRW, 35,300 HRS), China (74,000 HRW), Guinea-Conakry (32,021 HRW), Nigeria (3,500 HRW, 11,000 HRS) and the Philippines (100 HRW, 3,095 HRS, 2,652 white).
Net sales of 437,000 MT were reported for delivery in 2020/21. This week, new marketing year increases were reported for the Philippines (75,500 HRS, 34,500 white), Nigeria (72,000 HRW, 11,100 white), Yemen (70,000 white), Japan (23,045 HRW, 22,394 HRS, 20,267 white) and Brazil (55,000 HRW).
Total export sales of all classes of wheat for the 2020/21 marketing year total 3.47 MMT, 18 percent behind last year’s new marketing year pace.
USDA forecasts 2019/20 U.S. wheat exports (including donations) to total 26.4 MMT. Commitments to date (of wheat and wheat products) are 100% of total projected exports.