U.S. private exporters reported sales of 132,000 tonnes of soybeans to China on Friday

WASHINGTON, Jan. 23: Private exporters reported sales of 132,000 tons of U.S. soybeans to China for delivery in 2021/22, the U.S. Department of Agriculture said in a one-day export sales report on Friday.

The U.S. soybean meal year begins on September 1.

The USDA releases its weekly export sales report on a weekly basis, in addition to its daily export sales report. If the exporter has any single commodity sales activity of 100,000 tons or more in a single business day, or sales of 200,000 tons or more of the commodity in the reporting period, the next business day at 3:00 p.m. Prior to making a report to the USDA. If the volume is lower than the above requirements, report it on a weekly basis.