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.
December 13 2018 Commercial Sales
U.S. export sales to date total
down 10% from last year’s pace
Net sales of
were reported this week
USDA expects 2018/19 U.S. wheat exports to total
up 11% 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 December 6, 2018 were 16.4 million metric tons (MMT), 10% behind last year’s year-to-date total of 18.1 MMT.
Net sales of 754,100 metric tons (MT) for delivery in marketing year 2018/19 were reported, up 6% from the previous week and 62% from the prior 4-week average. Sales were in line with trade expectations of 500,000 to 800,000 MT. Increases were reported for Unknown (169,400 HRW, -33,120 HRS, 87,800 SRW, -10,500 white, -3,000 durum), Japan (64,537 HRW, 18,340 HRS, 28,988 white), Nigeria (77,000 HRW, 12,000 SRW), Singapore (8,000 HRW, 12,000 HRS, 45,000 white), Mexico (25,686 HRW, 33,124 HRS, 2,859 SRW, 77 white).
USDA forecasts 2018/19 U.S. wheat exports (including donations) to reach 27.2 MMT. Commitments to date (of wheat and wheat products) are 60% of total projected exports, behind the 5-year average of 77%.