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 09 2018 Commercial Sales
U.S. export sales to date total
down 29% from last year’s pace
Net sales of
were reported this week
USDA expects 2018/19 U.S. wheat exports to total
up 8% 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 August 2, 2018 were 7.51 million metric tons (MMT), 29% behind last year’s year-to-date total of 10.5 MMT.
Net sales of 317,100metric tons (MT) for delivery in marketing year 2018/19 were reported. Sales were within trade expectations of 200,000 to 500,000 MT. Increases were primarily for Japan (11,406 HRW, 24,228 HRS, 40,893 white), Indonesia (20,000 HRS, 50,000 white), the Philippines (14,700 HRS, 44,264 white), and Chile (15,000 SRW, 37,400 white).
USDA forecasts 2018/19 U.S. wheat exports (including donations) to reach 26.5 MMT. Commitments to date (of wheat and wheat products) are 28% of total projected exports, behind the 5-year average of 44%.