Seven months into the current marketing year, USDA is forecasting U.S. wheat exports will reach 26.8 million metric tons. If realized, it would be two percent more than last year and seven percent more than the five-year average. U.S. Wheat Associates is reporting Hard Red Spring Wheat export sales are approaching 5.8 million metric tons, nine percent ahead of this time last year. The Philippines and Japan are the top two markets for U.S. spring wheat. Durum exports total 590,000 metric tons. That’s 25 percent behind last year’s pace, but 20 percent ahead of the five-year average. Italy is the number one market for U.S. durum.
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