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 2021/22 marketing year, through May 12, 2022 were 19.4 million metric tons (MMT), 24% behind last year’s pace.

Net sales of 8,500 metric tons (MT) for delivery in 2021/22, were down 40% from last week’s 14,100 MT and within trade expectations of (50,000) MT to 150,000 MT. Increases were reported for Mexico (6,119 HRW, 400 SRW, 30,483 HRS), Venezuela (29,364 HRW), Nigeria (205 HRW, 27,972 White), Taiwan (678 HRW, 1,549 HRS, 273 White), and Vietnam (2,000 HRS). 

USDA forecasts 2021/22 U.S. wheat exports (including donations) will total 21.36 MMT. Commitments to date (of wheat and wheat products) are 91% of total projected exports.