Wheat sales disappoint for six weeks.

Wheat export sales this past week were 339,925 tonnes. The trade estimate was 200,000 - 500,000.

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 +1% vs. average. To meet USDA's goal remaining sales can fall to -1% vs. average through next May. Today's sale was -17% vs. average. This makes it six weeks in a row with a miss on needed wheat sales. These six weeks were -24% from average.

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