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.
November 27 2020 Commercial Sales
U.S. export sales to date for delivery in 2020/21 total
up 11 percent from last year
Net sales of
796,000 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 November 12, 2020, were 18.0 million metric tons (MMT), 11 percent ahead of last year’s pace.
Net sales of 796,000 metric tons (MT) for delivery in 2020/21, a marketing year high, were more than four times greater than last week’s 192,000 MT and well above trade expectations of 200,000 MT to 450,000 MT. Primary increases were reported for China (133,000 HRW, 200,000 white), Japan (40,603 HRW, 40,820 HRS, 28,430 white), unknown destinations (-128,500 HRW, 12,000 HRS, 300 SRW, 207,000 white, -21,000 durum), Nigeria (61,627 HRW, 1,373 white) and the Philippines (35,874 HRS, 26,499 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 68% of total projected exports.