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Thursday, May 29, 2008
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USDA Report on China Sales Activity

WASHINGTON - Private exporters reported to the U.S. Department of Agriculture the following activity:

USDA Foreign Agricultural Service

  • Export sales of 132,000 metric tons of soybeans for delivery to China during the 2008/2009 marketing year; and

  • Export sales of 120,000 metric tons of soybeans for delivery to unknown destinations during the 2008/2009 marketing year.

The marketing year for soybeans begins 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 or quantities totaling 200,000 tons or more in any reporting period, 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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