June 16, 2020

USDA reports China fresh purchase of soybeans

On June 15, private exporters reported export sales of 14.3 million bushels of soybeans to China during the 2020/2021 marketing year, USDA reported.

As of June 11, private exporters reported export sales of 26.5 million bushels of soybeans for delivery to China. Of the total, 2.3 million bushels is for delivery during the 2019/2020 marketing year and 24.1 million bushels is for delivery during the 2020/2021 marketing year.

The marketing year for soybeans began September 1.