U.S. weekly wheat sales landed below estimates

U.S. weekly wheat sales have fallen, landing below prior estimates.

Sales fell 42 percent week-on-week, landing at about 207,000 metric tons, which is 46 percent less than the prior month.

When it comes to wheat exports, those were down 43 percent from the prior week but up 1 percent from the prior month. This week’s Crop Progress report showed spring wheat conditions staying steady at 64 percent good to excellent.


USDA Crop Progress Report-- August 15, 2022

Checkin’ In On Wheat: 9% harvested and behind the five-year average

U.S. weekly wheat sales fall; corn sales for the year are down

Spot prices for corn posted another three-year low last week and they are mimicking a trend seen about a decade ago.
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