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.
September 21, 2023
U.S. export sales to date for delivery in 2023/24 total as of September 21, 2023
9.2 MMT
14% behind last year’s pace
544,500 MT
were reported as of September 21
USDA expects 2023/24 U.S. wheat exports to total
19.05 MMT
down 8% from 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 9.1 MMT, hovering 14% behind the 2022/23 pace, though this week’s sales are up 77 % from the previous week and a 51% increase from the prior 4-week average.
Net sales of 544,500 metric tons (MT) for 2023/2024 were reported primarily for the Philippines (62,100 HRS, 52,939 white), South Korea (18,590 HRW, 30,300 HRS, 41,510 white), Japan (35,182 HRW, 52,096 HRS, 700 white, 2,014 DUR), China (846 SRW, 68,250 HRS), Mexico (19,067 HRW, 27,493 HRS).
USDA forecasts 2023/24 U.S. wheat exports (including donations) to total 19.05 MMT. Commitments to date (of wheat and wheat products) are 48% of total projected exports.