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USDA Announces Corn and Soybean Sales

February 21, 2012
By: Julianne Johnston, Pro Farmer Digital Managing Editor
 
 

Private exporters reported to USDA the following activity:

  • Export sales of 250,000 metric tons (MT) of soybeans for delivery to China during the 2012-13 marketing year; and
  • Export sales of 110,744 MT of corn for delivery to unknown destinations during the 2011-12 marketing year.

The marketing year for corn and soybeans began Sept. 1.

USDA issues both daily and weekly export sales reports to the public. Exporters are required to report to USDA any export sales activity of 100,000 MT or more of one commodity, made in one day or quantities totaling 200,000 tons or more in any reporting period, to one destination, by 3 p.m. Eastern time on the next business day following the sale. Export sales of less than these quantities must be reported to USDA on a weekly basis.


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RELATED TOPICS: Corn, Soybeans, USDA

 
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