Wheat International News
According to the USDA's export sales report, total wheat sales during the week ending October 15 were just 239,627 MT. This was the lowest level in six weeks and 29.79% below the same week last year. Mexico was the largest buyer, purchasing 98,000 MT. Sales also included 49,900 MT to unknown destinations and 19,000 MT to South Korea.
According to the US National Oceanic and Atmospheric Administration's (NOAA) seven-day weather forecast, rainfall of 2 inches or more is expected over the next week from the Texas Panhandle through western Kansas and Nebraska. This rainfall could affect wheat crop conditions and fieldwork in these areas.
According to the Rosario Grains Exchange, Argentina's 2026/27 wheat crop is estimated at 23.8 MMT. This represents an increase of 2.8 MMT from its previous estimate.
