Newsletter summary
The USDA report showsCrashbandicootmicrosoftIn the week ended April 25, net sales of U.S. wheat exports were-20.Crashbandicootmicrosoft.3 kilotons, with net sales reaching 406 next year.Crashbandicootmicrosoft.9 kilotons, with a total export volume of 508.7 kilotons. Of this total, Chinese mainland has a net sales of 4.0 kilotons this year and 70.0 kilotons next year.
Text of news flash
[us wheat export sales report: Chinese mainland has strong purchasing power, with Nigeria at the top of the list]
According to the U.S. Department of Agriculture (USDA)
CrashbandicootmicrosoftAccording to the latest figures, U. S. wheat export sales were positive in the week ended April 25. Nigeria tops the list with net sales of 33.0 kilotons this year and plans to increase procurement by 25.0 kilotons next year. Colombia followed with net sales of 22.0 kilotons for the current year and 43.5 kilotons for the next year. In terms of exports, Chinese mainland took the lead with an export volume of 70.0 kilotons, followed by 52.0 kilotons in Mexico and 58.7 kilotons in Vietnam. In particular, Taiwan will do well in next year's net sales, with purchases of 106.7 kilotons. Despite positive overall export sales, some countries showed negative growth, such as-0.1 kilotons in the Philippines and-20.0 kilotons in Ecuador. Next year's net sales in unknown areas will reach 95.0 kilotons, indicating that there is more potential purchasing power waiting to be developed. Taken together, U.S. wheat export sales showed a steady growth momentum this year and next year, with Nigeria, Colombia and Chinese mainland as the main buyers. These data undoubtedly provide important market information and investment reference for investors in the secondary market.
