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.
January 10 2019 Commercial Sales
U.S. export sales to date total
down 8% 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, if realized
Please Note: the U.S. federal government reopened on Jan. 25, 2019. The USDA will delay the release of the export sales data it gathered during the partial shutdown. The Commercial Sales Report released today (Feb. 14, 2019) covers confirmed export sales as of Jan. 3, 2019. As a result, we note the date of this report as “January 10, 2019” to preserve the chronological integrity of the data as it comes out. We thank you for your patience on the matter.
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 Jan. 3, 2019, were 17.9 million metric tons (MMT), 8% behind last year’s year-to-date total of 19.5 MMT.
Net sales of 131,200 metric tons (MT), a marketing year low, were reported for delivery in 2018/2019, down 78 percent from the previous week and 76 percent below the prior 4-week average. Sales fell substantially below trade expectations of 350,000 to 600,000 MT. Increases were reported for Mexico (11,377 HRW, 12,000 HRS, 9,718 SRW), the Philippines (299 HRW, 4,313 HRS, 24,299 white), Taiwan (19,536 HRW) and unknown destinations (17,000 SRW).
USDA forecasts 2018/19 U.S. wheat exports (including donations) to reach 27.2 MMT. This figure, from the Feb. 8, 2018 WASDE report, is unchanged from December. Commitments to date (of wheat and wheat products) are 65% of total projected exports.