News

Wheat: US sells 95,000 tonnes of the 2021/22 crop in the week

Wheat
United States
Published Apr 1, 2022

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By Sandy Oliveira, with information from Dow Jones Newswires São Paulo, 03/31/2022 - US exporters sold 95,000 tonnes of wheat from the 2021/22 crop in the week ended March 24, the Department of Agriculture of the country (USDA), in a weekly report. The volume represents a drop of 39% compared to the previous week and 58% compared to the average of the previous four weeks.

Original content

By Sandy Oliveira, with information from Dow Jones Newswires São Paulo, 03/31/2022 - Exporters from the United States sold 95,000 tonnes of wheat from the 2021/22 crop in the week ended March 24, the country's Department of Agriculture (USDA) said in a weekly report. The volume represents a drop of 39% compared to the previous week and 58% compared to the average of the previous four weeks. During the week, the main buyers were South Korea (45,000 t), Mexico (30,500 t), Guatemala (29,800 t), Colombia (27,000 t) and El Salvador (18,800 t) , which offset the cancellations made by undisclosed destinations (60.8 thousand t) and Nigeria (15.9 thousand t). For the 2022/23 harvest, 81.3 thousand tons were sold. The main buyers were Mexico (32 thousand t), Colombia (31.3 thousand t), Nigeria (13 thousand t) and Peru (5 thousand t). The sum of the two crops was below the forecast of analysts consulted by Dow Jones Newswires, who expected volume between 300 thousand and 800 thousand tons in ...
Source: Broadcast
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