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 2022/23 marketing year, through June 23, 2022 were 5.7 million metric tons (MMT), 10% behind last year’s pace.

Net sales of 496,700 metric tons (MT) for delivery in 2022/23, were up from last week’s 477,800 MT and within trade expectations of 200,000 MT to 600,000 MT. Increases were reported for the Philippines (30,182 HRS, 37,823 white), Brazil (57,500 HRW), Mexico (16,242 HRW, 36,310 SRW, 2,461 HRS), Yemen (55,000 white), and Italy (47,985 Durum).

USDA forecasts 2022/23 U.S. wheat exports (including donations) will total 21.09 MMT. Commitments to date (of wheat and wheat products) are 27% of total projected exports.