Private Exporters Report Sales Activity for Unknown Destinations
WASHINGTON, June 24, 2016–Private exporters reported to the U.S. Department of Agriculture export sales of 411,500 metric tons of soybeans for delivery to unknown destinations. Of the total 280,500 metric tons is for delivery during the 2015/2016 marketing year and 131,000 metric tons is for delivery during the 2016/2017 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 tons or more of one commodity, made in one day or quantities totaling 200,000 tons or more in any reporting period, except 20,000 tons for soybean oil, made in one day to one destination or quantities totaling 40,000 tons or more in any reporting period, 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.
For further information, contact the Export Sales Reporting Staff at (202) 720-9209.