USDA Announces Another Corn Purchase by Spain

08:05AM Jan 31, 2014
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Private exporters reported to USDA export sales of 110,000 MT of corn to Spain for 2013-14 marketing year, which began Sept. 1. This brings the country's weekly purchases announced by USDA to 220,000 MT.

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 MT 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.