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 2024/25 marketing year totaled 15.5 MMT, 19% ahead of last year’s pace.

Net sales of 378,200 MT for 2024/2025 were primarily for Mexico (78,599 HRW, 54,677 SRW, 18,617 HRS), South Korea (11,710 HRW, 28,870 HRS, 95,460 white), Unkown Destinations (24,937 HRW, 40,000 SRW), Venezuela (28,600 HRW, 5,500 HRS), and Algeria (28,501 DUR).

USDA forecasts 2024/25 U.S. wheat exports (including donations) to total 22.5 MMT. Commitments to date (of wheat and wheat products) are 69% of total projected exports.