November 29, 2005

US sold 116,000 tonnes of soybeans to China in 2005-06

Private exporters reported to the USDA export sales of 116,000 tonnes of soybeans for delivery to China during the 2005-06 marketing year, the USDA said Monday.

The 2005-06 marketing year for soybeans began Sep 1.

US exporters are required to report to the USDA sales of 100,000 tonnes or more of any commodity made in the same day to the same destination by 3:00 p.m. EDT (2000 GMT) the next business day, according to the USDA's Foreign Agriculture Service. Any export sales under 100,000 tonnes must be reported on a weekly basis.