Wheat/USDA: USA sells 589.7 thousand tons of the 2024/25 harvest in the week

Published 2024년 6월 21일

Tridge summary

In the week ending June 13, US exporters saw significant wheat sales for the 2024/25 harvest, totaling 589.7 thousand tons to five major buyers: South Korea, the Philippines, Vietnam, Indonesia, and Brazil. Despite some cancellations, these sales surpassed expectations, with a total of 578.7 thousand tons summarizing both harvests. Notably, shipments for the same week reached 363.6 thousand tons, with South Korea and Thailand being the most significant recipients.

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, 06/21/2024 - United States exporters reported sales of 589.7 thousand tons of wheat from the 2024/25 harvest, in the week ending June 13, already discounting cancellations, the Department of Agriculture of the United States recently reported. United States (USDA). The main buyers in the week were South Korea (118.6 thousand t), Philippines (108.3 thousand t), Vietnam (88.4 thousand t), Indonesia (80.2 thousand t) and Brazil (60 thousand t) , which offset the cancellations made by undisclosed destinations (37 thousand t), Peru (1 thousand t) and El Salvador (800 t). In relation to the 2025/26 commercial year, the USDA reported that the cancellation of 11 thousand tons, from Mexico, exceeded sales. The sum of the two harvests, of 578.7 thousand tons, was above analysts' projections, which projected sales of ...

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