Wheat export sales this past week were 340,032 tonnes. The trade estimate was 300,000 - 600,000.
USDA’s 825 million bushel new crop export goal, for the year that started June 1, is -2% from the five year average sale. Year to date sales are +2% vs. average. To meet USDA's goal remaining sales can fall to -2% vs. average through next May. Our two positive weeks of sales were reversed with today's -33% number.