International Wheat Market

04-Jan-2025 08:12 AM

International Wheat Market
The USDA's weekly export sales report, reported 2024/25 wheat sales during the Christmas week ending 12/26 at 140,591 metric tons (MT), marking the lowest level of the marketing year (MY). This was well below the estimated range of 200,000–500,000 MT. South Korea emerged as the largest buyer with 35,900 MT, followed by Thailand with 29,700 MT.
Additionally, Taiwan is tendering for a total of 114,650 MT of U.S. wheat, with bids due by next Thursday.