August 3, 2011
US soy sale to China cancelled
Private exporters reported the cancellation of a sale of 550,000 tonnes of US soy to China for delivery this marketing year and the sale of the same amount for 2011/12 delivery, said the USDA on Tuesday (Aug 2).
By law, exporters are reported to report promptly the sale of 100,000 tonnes or more of a commodity to the same destination in one year. Sales of smaller amounts are reported weekly.