Wheat: USA sells 329.1 thousand tons of the 2023/24 harvest in the week

Published 2023년 8월 31일

Tridge summary

In the week ending August 24, US exporters reported a decrease in wheat sales, with a volume of 329.1 thousand tons, representing a 19% drop compared to the previous week. China, the Philippines, Honduras, Peru, and Japan were the main buyers, compensating for cancellations made by Costa Rica and Morocco. Additionally, for the 2024/25 season, sales of 15 thousand tons were reported to undisclosed destinations.
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, 08/31/2023 - United States exporters reported sales of 329.1 thousand tons of wheat from the 2023/24 harvest in the week ending August 24, the United States Department of Agriculture (USDA) recently reported. The volume represents a drop of 19% compared to the previous week and 25% compared to the average of the previous four weeks. The main buyers were China (110 thousand t), Philippines (77.5 thousand t), Honduras (30 thousand t), Peru (28.3 thousand t) and Japan (27.3 thousand t), which compensated for the cancellations made by Costa Rica (200 t) and Morocco (100 t). For the 2024/25 season, sales of 15 thousand tons were reported to undisclosed destinations. The volume sold, of 344.1 thousand tons, was close to the bottom of analysts' estimates, which ranged from sales of 300 thousand tons to 600 thousand tons. Shipments totaled 353.9 ...
Source: Broadcast

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