Private exporters report sales of 365,760 tonnes of corn to unknown destinations, USDA says; of total, 243,840 tonnes for delivery during 2011/2012 marketing year, 121,920 tonnes for delivery during 2012/2013 marketing year
August 26, 2011
– Private exporters reported to the U.S. Department of Agriculture export sales of 365,760 metric tons of corn for delivery to unknown destinations. Of the total, 243,840 tons is for delivery during the 2011/2012 marketing year and 121,920 tons is for delivery during the 2012/2013 marketing year.
The marketing year for corn 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.