Weekly net sales of US wheat are as expected

Image: Pixabay


North American net sales of wheat, for the 2020/21 commercial season, which begins on June 1, were 393,700 tons in the week ending December 17. It represents a decrease of 27% compared to the previous week and a decrease of 34% compared to the average of the last four weeks. Highlight is the sale of 102,000 tons to Nigeria.

For the 2021/22 season, there were another 24 thousand tons. Analysts expected exports between 250 thousand and 575 thousand tons adding the two seasons. The information is from the United States Department of Agriculture (USDA).

Per Rodrigo Ramos (rodrigo@safras.com.br) / SAFRAS Agency

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