The pace of US wheat export sales is falling

Published 2021년 7월 2일

Tridge summary

The article reports that US wheat export sales for the 2021 harvest have been disappointingly low, with figures significantly below experts' expectations and the previous season's performance. The current season's sales are already 10.7% behind the previous season, with only SRW soft wheat sales showing an increase. The largest buyers were Japan, Mexico, and an unnamed buyer, while Nigeria withdrew from a previously agreed contract. The article also provides a detailed breakdown of wheat export structures and sales trends over time.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

US export sales of wheat, harvest 2021. turned out to be at the lower limit of experts' expectations (200-500 thousand tons). The volume of sales is the lowest since the beginning of the 2021/22 season, despite the continued downtrend of stock quotes on the US wheat floors during the reporting week. Reported by the Grain On-Line agency. Total U.S. Wheat Export Sales, 2021 Crop since the beginning of the current season (June 1), it is already 10.7% behind the indicators of the previous season. Of all wheat classes, only SRW soft wheat sales are so far ahead of the 2020/21 season (1.8 times). The largest buyers of the week were: Japan (148,700 tons), Mexico (31,100), an unnamed buyer (18,500), Jamaica (9,400) and Guyana (8,100). Nigeria refused from the previously contracted wheat (2,500 tons). The largest recipients of the week were: Mexico (59,200 tons), Nigeria (27,500), Japan (27,200), Jamaica (9,400) and Guyana (8,100). US wheat exports season 2021/22 (thousand tons) as of ...

Source: Zol