USDA Announces Soybean and Wheat Sales

08:05AM Feb 21, 2013
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Private exporters reported to USDA the following activity:

  • Export sales of 130,450 MT of soybeans for delivery to unknown destinations. Of the total 75,450 MT is for delivery during 2012-13 marketing year and 55,000 MT is for delivery during the 2013-14 marketing year; and
  • Export sales of 110,000 MT of soft red winter wheat for delivery to unknown destinations. Of the total 55,000 MT is for delivery during the 2012-13 marketing year and 55,000 MT is for delivery during the 2013-14 marketing year.

 

The marketing year for wheat began June 1 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 metric tons or more of one commodity, except 20,000 tons for soybean oil, 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 quantities must be reported to USDA on a weekly basis.


 

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