USA sells 622.8 thousand tons of wheat from the 2023/24 harvest in the week

Published 2023년 11월 30일

Tridge summary

According to the United States Department of Agriculture (USDA), US exporters reported a significant increase in sales of 622.8 thousand tons of wheat from the 2023/24 harvest in the week ending November 23. The main buyers were China, undisclosed destinations, Mexico, Philippines, and Japan, while Peru, El Salvador, Brazil, and South Korea cancelled some of their orders. Additionally, shipments totaled 340.4 thousand tons, with the main destinations being the Philippines, Mexico, Taiwan, Japan, and China.

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, 11/30/2023 - United States exporters reported sales of 622.8 thousand tons of wheat from the 2023/24 harvest in the week ending November 23, the United States Department of Agriculture (USDA) recently reported. The volume represents a significant increase compared to the previous week and in relation to the average of the previous four weeks. The main buyers were China (197.3 thousand t), undisclosed destinations (148.8 thousand t), Mexico (65.8 thousand t), Philippines (60.1 thousand t) and Japan (43.4 thousand t) , which offset the cancellations made by Peru (12 thousand t), El Salvador (9 thousand t), Brazil (500 t) and South Korea (100 t). For the 2024/25 harvest, sales of 12 thousand tons were reported to Peru. The total sold, 634.8 thousand tons, was above analysts' forecasts, which expected sales of between 200 thousand tons and 500 thousand tons. Shipments ...

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