Unknown Buys Soybeans

April 12, 2013 03:12 AM
 

Private exporters reported to USDA export sales of 110,000 metric tons of soybeans for delivery to unknown destinations during the 2013-14 marketing year, USDA said Friday.

The 2013/2014 marketing year for soybeans will begin Sept. 1.

U.S. exporters are required to report to the 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 3:00 p.m. EDT (1900 GMT) the next business day. Any export sales under these quantities must be reported on a weekly basis.

 

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