Private exporters reported to USDA export sales of 106,000 metric tons (MT) of soybeans for delivery to China during the 2011-12 marketing year. The marketing year for 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 metric tons or more of one commodity, made in one day to one destination, by 3:00 p.m. Eastern time on the next business day following the sale. Export sales of less than these quantitie
Juli says: Demand from China is a positive signal the county may be returning as a regular buyer, as new-crop supplies from the U.S. will be available soon.