Buyers

U.S. Wheat Associates (USW)

Price Report
U.S. Wheat Associates (USW) compiles weekly price reports (posted at right) by contracting numerous market sources including U.S. wheat exporters of all classes of wheat from all coasts. The prices represent the value of number two grade and the proteins indicated. They are not intended to represent offers nor should importers of U.S. wheat rely upon them as such.

Supply and Demand Report
U.S. Wheat Associates (USW) updates a graphic summary of USDA’s U.S. and world supply/demand statistics every month a few days after the USDA World Agricultural Supply and Demand Estimates report is published. Projections will change over the course of the year depending on weather and other developments.

The report includes a quick summary of factors affecting the global wheat market, historical information for all major wheat exporting countries/regions, and a by-class summary of U.S. wheat supply and demand.

Our thanks to U.S. Wheat Associates and USDA for this information.

Biotech Wheat Trade Policy

U.S. Wheat Associates (USW) Current Summary Snapshot

Summary of Commercial Sales – Thursday, February 16, 2012

According to the U.S. Department of Agriculture’s weekly Export Sales Report, total known outstanding sales and accumulated exports of all classes of wheat for the 2011/12 marketing year, through February 9, 2012 were 22.8 million metric tons (MMT), 23 percent lower than last year’s year-to-date total of 29.6 MMT.

Net sales of 420,400 MT were down 41 percent from the previous week and 31 percent from the prior 4-week average, and below trade estimates of 450,000 to 650,000 MT. Increases were primarily for Japan (34,432 HRW, 28,366 HRS, 25,177 white), South Korea (10,850 HRW, 4,420 HRS, 65,550 white), Iran (-21,300 HRW, -21,800 HRS, -7,000 SRW, 105,000 white), Italy (17,204 HRS, 25,000 SRW), and Mexico (2,516 HRW, 13,093 SRW, 13,450 white).

USDA forecasts 2011/12 U.S. wheat exports (including donations) to reach 26.5 MMT.

Full Commercial Sales report and past reports are posted at the right.
Commercial Sales Reports