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USDA corrects corn sale to Japan

WASHINGTON : The U.S. Agriculture Department on Thursday corrected its July 26 grain export sales announcement to show t
Published Updated

cornasWASHINGTON: The U.S. Agriculture Department on Thursday corrected its July 26 grain export sales announcement to show that exporters sold 170,000 tonnes of U.S. corn to Japan for delivery during the 2011-12 marketing year.

The USDA had erroneously reported that 200,000 tonnes of corn was sold to Japan.

The marketing year for corn began on Sept.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 the USDA's Foreign Agricultural Service.

Copyright Reuters, 2011

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