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 November 24, 2022, were 13.45 million metric tons (MMT), 6% lower than last year’s 14.32 MMT.

Net sales of 155,500 metric tons (MT) were reported for delivery in 2022/23, 70 percent less than last week’s 511,800 MT  and below trade expectations of 300,000 to 625,000 MT. Increases were reported for Algeria (58,324 DUR), Mexico (21,069 HRW, 10,968 SRW, 705 HRS, 82 white), Japan (26,730 white), Nigeria (12,500 HRS), and South Korea (1,942 HRS, 4,131 white).

USDA forecasts 2022/23 U.S. wheat exports (including donations) to total 21.09 MMT. Commitments to date (of wheat and wheat products) are 64% of total projected exports.