Wheat/USDA: USA sells 259 thousand tons of the 2022/23 crop in the week

Published 2023년 4월 20일

Tridge summary

In the week ending April 13, 2023, the United States saw a significant increase in wheat exports, with sales reaching 259,000 tons for the 2022/23 harvest, a 91% rise from the previous week. The main buyers included South Korea, Taiwan, and the Philippines, offsetting cancellations from Honduras, Belize, and Mexico. For the 2023/24 season, sales to Mexico, Honduras, and Colombia were notable. Overall, exports surpassed analysts' expectations, though shipments experienced a decline from the previous week. The main recipients of these shipments were Mexico, Thailand, Panama, Nigeria, and Colombia.

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

Original content

By Audryn Karolyne, with information from Dow Jones Newswires São Paulo, 04/20/2023 - United States exporters reported sales of 259,000 tons of wheat for the 2022/23 harvest in the week ended April 13, the United States Department of Agriculture (USDA) informed a little while ago. Sales were up 91% from the previous week and up 93% from the previous four-week average. The main buyers were South Korea (83 thousand t), Taiwan (52.9 thousand t), Philippines (38 thousand t), Venezuela (35 thousand t) and undisclosed destinations (16.9 thousand t), which offset the cancellations made by Honduras (7 thousand t), Belize (5.6 thousand t) and Mexico (1.1 thousand t). For the 2023/24 season, sales of 46.1 thousand tons were reported. In the week, the main buyers were Mexico (10 thousand t), Honduras (10 thousand t), Colombia (7.5 thousand t), Japan (7 thousand t) and El Salvador (6 thousand t). The sum of sales was above the forecast of analysts consulted by Dow Jones Newswires, who ...

Source: Broadcast