International Wheat Market

22-Aug-2025 08:14 AM

International Wheat Market
According to USDA’s export sales report, wheat bookings totaled 519,752 MT in the week ending August 14. That was a 5-week low, down 28.1% from last week, but still 5.5% above the same week last year. The top buyer was Mexico with 119,500 MT, followed by South Korea at 90,500 MT.
Taiwan purchased 90,200 MT of US wheat in a tender on Thursday. The IGC raised its 2025/26 world wheat production outlook by 3 MMT to 811 MMT. Consumption was increased by 2 MMT, while stocks were trimmed by 1 MMT to 264 MMT.