Domestic prices: Prices of all classes of wheat continued to climb in August on expanding export prospects. Hard Red Winter (HRW) surged $43/ton to $311/ton, rising above Soft Red Winter (SRW), and reverting to the usual price relationship. HRW has risen due to increased demand, particularly from Egypt.  Hard Red Spring (HRS) jumped $64/ton to $376/ton. SRW climbed $21/ton to $304/ton, and Soft White Wheat (SWW) is up $27/ton to $298/ton.    

• Australia is down 500,000 tons to 15.5 million based on logistical constraints.

• Canada is boosted 2.0 million tons to 17.5 million due to larger exportable supplies. 

• EU is lowered 3.0 million tons to 21.0 million on reduced exportable supplies and quality concerns, particularly for German wheat.

• Iran is raised 450,000 tons to 500,000 due to greater exportable supplies and opportunities opened by reduced supplies in Russia. 

• Kazakhstan is up 500,000 tons to 6.5 million on higher Russian import demand.          

• Russia is raised 500,000 tons to 3.5 million based on exports shipped before the ban. 

• United States is boosted 1.0 million tons to 34.0 million on strong demand, particularly for higher quality wheat.   

• Nigeria is up 400,000 tons to 4.0 million due to expected consumption growth.     

• Russia is raised 1.4 million tons to 2.0 million due to increased demand for milling wheat caused by drought-reduced production.    

• Canada is up 500,000 tons to 19.0 million.

• The United Arab Emirates is raised 450,000 tons to 950,000.

• Indonesia is down 450,000 tons to 5.4 million.

• Iran is up 600,000 tons to 3.6 million.

• Turkey is lowered 300,000 tons to 3.2 million.