Wheat/USDA: USA sells 378.4 thousand tons of the 2023/24 harvest in the week

By Ana Ritti, with information from Dow Jones Newswires São Paulo, 02/08/2024 - United States exporters reported sales of 378.4 thousand tons of wheat from the 2023/24 harvest, including cancellations, in the week ending February 1st, the Department of Agriculture of the United States recently reported. United States (USDA). The volume represents an increase of 17% compared to the previous week, but a decrease of 6% compared to the average of the previous four weeks. The main buyers were South Korea (87,900 t), Philippines (84,000 t), Mexico (74,000 t), China (65,000 t) and Vietnam (54,300 t), which compensated for the cancellations made for undisclosed destinations (133 thousand t) and Dominican Republic (1.4 thousand t). For the 2024/25 harvest, the sale of 8.1 thousand tons was reported. The main buyers were Mexico (5 thousand t) and Honduras (3.1 thousand t). The sale of the two harvests, of 386.5 thousand tons, was within the forecast of analysts, who expected sales between ...