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.
June 2, 2023
U.S. export sales to date for delivery in 2023/24 total as of May 25, 2023
21% behind last year’s pace
were reported as of May 25 for MY 2023/24
USDA expects 2023/24 U.S. wheat exports to total
down 6% compared to 2022/23, 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 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.