Good morning,
Net cancellation for wheat of 66.9 TMT were reported after cancellation of 61.1 TMT of HRS and 60.8 of white. All wheat sales need to average closer to 367 TMT per week for the remaining 6 weeks to meet the USDA export expectations for the year, good luck.
U.S. EXPORT SALES FOR WEEK ENDING 04/12/2018
| CURRENT MARKETING YEAR | NEXT MARKETING YEAR | |||||||
| COMMODITY | NET SALES | OUTSTANDING SALES | WEEKLY EXPORTS | ACCUMULATED EXPORTS | NET SALES | OUTSTANDING SALES | ||
| CURRENT YEAR | YEAR AGO |
CURRENT YEAR | YEAR AGO |
|||||
| THOUSAND METRIC TONS | ||||||||
| WHEAT | ||||||||
| HRW | 31.1 | 769.8 | 1,880.6 | 162.2 | 8,315.1 | 9,646.4 | 26.4 | 267.3 |
| SRW | 23.4 | 462.1 | 406.9 | 58.7 | 1,977.7 | 2,016.0 | 43.3 | 273.9 |
| HRS | -61.1 | 1,117.2 | 1,691.3 | 120.4 | 4,826.8 | 6,760.3 | 49.5 | 435.8 |
| WHITE | -60.8 | 777.7 | 1,325.3 | 109.3 | 4,350.8 | 3,419.5 | 121.2 | 348.3 |
| DURUM | 0.5 | 64.9 | 128.8 | 1.5 | 309.2 | 378.1 | 0.0 | 61.5 |
| TOTAL | -66.9 | 3,191.7 | 5,432.8 | 452.1 | 19,779.6 | 22,220.2 | 240.4 | 1,386.8
|
Corn sales of 1,091.7 TMT were reported for corn which were much above the 362 TMT needed per week to meet the USDA export expectations bringing total commitments for the current marketing year in line with last year at this time.
Soybean sales of 1,040.7 TMT were above the avg needed and sales as sales to unknown are rising unseasonably.
Have a good morning
Jason
Jason Carlson
Trean Group LLC
141 W. Jackson Blvd. Suite 1201A
Chicago IL 60604
Office 312-604-6404