Wheat/USDA: USA sells 349.3 thousand tons of the 2023/24 harvest in the week

Published 2024년 2월 15일

Tridge summary

US wheat sales from the 2023/24 harvest for the week ending February 8 fell by 8% from the previous week and 25% from the four-week average, totaling 349.3 thousand tons. The main buyers were the Philippines, Taiwan, Japan, Chile, and Mexico. Additionally, 48 thousand tons were sold from the 2024/25 harvest. Despite the drop, the combined sales were within analysts' expectations. Meanwhile, shipments saw a significant increase, rising by 29% from the previous week and 41% from the four-week average to 405.3 thousand tons.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

By Ana Ritti, with information from Dow Jones Newswires São Paulo, 02/15/2024 - United States exporters reported sales of 349.3 thousand tons of wheat from the 2023/24 harvest, including cancellations, in the week ending February 8, the Department of Agriculture of the United States recently reported. United States (USDA). The volume represents a drop of 8% compared to the previous week and a 25% drop compared to the average of the previous four weeks. The main buyers were the Philippines (118.2 thousand t), Taiwan (89.7 thousand t), Japan (54.2 thousand t), Chile (40 thousand t) and Mexico (39.2 thousand t), which offset the cancellations made by undisclosed destinations (79.7 thousand t), Panama (7.8 thousand t) and Trinidad and Tobago (900 t). For the 2024/25 harvest, the sale of 48 thousand tons was reported. The main buyers were undisclosed destinations (41 thousand t), El Salvador (6 thousand t) and Panama (1 thousand t). The sale of the two harvests, of 397.3 thousand tons, ...
Source: Broadcast

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