February 27, 2007

US exporters sell soybeans to Japan for 2007/2008

Private exporters reported the sale of 100,000 tonnes of soybeans to Japan for the 2007/2008 marketing year, the U.S. Agriculture Department (USDA) said on February 26.

The marketing year for soybeans began on September 1.

U.S. exporters must report any U.S. or optional origin export sales activity of at least 100,000 tonnes -- except 20,000 tonnes or more for soybean oil -- made in one day to a single destination by the following business day. Sales of smaller quantities must be reported weekly to USDA's Foreign Agricultural Service.