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 29 2020 Commercial Sales
U.S. export sales to date for delivery in 2020/21 total
up 11 percent from last year
Net sales of
743,000 metric tons
were reported this week
USDA expects 2020/21 U.S. wheat exports to total
up slightly 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 October 22, 2020, were 16.2 million metric tons (MMT), 11 percent ahead of last year’s pace.
Net sales of 743,000 metric tons (MT) were reported for delivery in 2020/21, almost double last week’s 367,000 MT and above trade expectations of 200,000 MT to 700,000 MT. Primary increases were reported for South Korea (195,000 white), Mexico (41,025 HRW, 58,886 HRS, 10,886 SRW, 650 white), Japan (-500 HRW, 20,492 HRS, 41,750 white), the Philippines (35,000 HRS, 25,000 white) and China (60,000 white).
USDA forecasts 2020/21 U.S. wheat exports (including donations) will total 26.5 MMT. Commitments to date (of wheat and wheat products) are 61% of total projected exports.