Private Exporters Report Sales Activity for China and Unknown Destinations
WASHINGTON, Jan. 10, 2013 -- Private exporters reported to the U.S. Department of Agriculture the following activity:
- Export sales of 180,000 metric tons of soybeans for delivery to China. Of the total 60,000 tons is for delivery during the 2012/2013 marketing year and 120,000 tons is for delivery during the 2013/2014 marketing year; and
- Optional origin sales of 126,000 metric tons of soybeans for delivery to China during the 2013/2014 marketing year. An optional origin contract provides that the origin of the commodity may be the U.S. or one or more other exporting countries; and
- Export sales of 281,500 metric tons of soybeans for delivery to unknown destinations during the 2012/2013 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 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.
For further information, contact the Export Sales Reporting Staff at (202) 720-9209.