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 2023/24 marketing year totaled 2.6 MMT, hovering 21% behind the 2022/23 pace.

Net sales of 466,537 metric tons (MT) for 2023/2024 were reported primarily for Uknown Destinations (48,000 HRS, 25,000 white, 42,000 DUR), Mexico (19,761 HRW, 9,228 SRW, 44,694 HRS), Ecuador (46,050 SRW), the Philippines (59,000 white), and South Korea (26,410 HRW, 39,780 HRS, 41,810 white).

USDA forecasts 2023/24 U.S. wheat exports (including donations) to total 19.73 MMT. Commitments to date (of wheat and wheat products) are 13% of total projected exports.