December 9, 2023
Gold closes high, cautiously following data from China and the US

The USDA says the United States sells 145,900 tons of wheat for the week 2021/22

Sao Paulo, 17 – Exporters from the United States have sold 145,900 tonnes of wheat from the 2021/22 crop for the week ended March 10, the US Department of Agriculture (USDA) said in a statement on Thursday. The volume is 53% lower than the previous week and the previous 4 week average.

During the week, Colombia (46,200 tonnes), Mexico (42,700 tonnes), Chile (29,300 tonnes), Vietnam (25,500 tonnes) and Nigeria (23,600 tonnes) were the main buyers. )

For the 2022/23 harvest, 325.6 thousand tons were sold. The main buyers are the Philippines (258 thousand tons), Guatemala (45.6 thousand tons) and Mexico (22 thousand tons).

The sum of the two crops is subject to the predictions of the researchers Dow Jones NewswireIt was expected to be between 350 thousand and 600 thousand tons per week.

It is down 35% and 42% from the previous week compared to the average of the last four weeks. Mexico (81 thousand tons), the Philippines (35.2 thousand tons), Chile (29.3 thousand tons), Vietnam (25.5 thousand tons) and Malaysia (21.9 thousand tons) were the major destinations during that period.