Japan Buys U.S. Wheat

July 16, 2012 03:02 AM

Private exporters reported to USDA export sales of 107,214 metric tons (MT) of wheat for delivery to Japan during the 2012-13 marketing year. Of the total, 69,784 MT is hard red spring wheat and 37,430 MT is soft white wheat.

The marketing year for wheat began on June 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 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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