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.
August 06 2020 Commercial Sales
U.S. export sales to date for delivery in 2020/21 total
up 9 percent from last year
Net sales of
605,000 metric tons
were reported this week
USDA expects 2020/21 U.S. wheat exports to total
down 2 percent from 2019/20, 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 2020/21 marketing year, through July 30, 2020, were 10.2 million metric tons (MMT), 9 percent ahead of last year’s pace.
Net sales of 605,000 metric tons (MT) were reported for delivery in 2020/21, 11 percent less than than last week’s 677,0000 MT but within trade expectations of 200,000 MT to 800,000 MT. Primary increases were reported for the China (30,000 HRS, 55,000 SRW), Indonesia (63,000 HRW, 7,500 HRS, 7,500 white), Brazil (63,520 HRW), Thailand (12,500 HRW, 34,701 HRS, 14,000 white) and Nigeria (30,000 HRW, 20,000 HRS, 1,500 white).
USDA forecasts 2020/21 U.S. wheat exports (including donations) will total 25.9 MMT. Commitments to date (of wheat and wheat products) are 39% of total projected exports.