WASHINGTON, D.C., U.S. — The Foreign Agricultural Service of the U.S. Department of Agriculture (USDA) indicated export wheat transactions for 2012-13 during the week ended May 16 increased 8.8 million bushels. The aggregate for the current year was 995.6 million bushels, 3% behind year-ago transactions of 1.025 billion bushels. The 2012-13 marketing year ends May 31. The USDA forecast U.S. wheat exports this year at 1.025 billion bushels.
The year’s final tally on wheat exports will include the export of wheat products in wheat equivalent, data that is not contained in the USDA’s weekly wheat export tables.
The USDA indicated export wheat transactions for 2013-14 increased 26.2 million bushels, bringing the total volume of wheat sold for delivery in the new marketing year to 177.4 million bushels.