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Exporters Sell 120,000 Metric Tons Corn to Unknown

Exporters Sell 120,000 Metric Tons Corn to Unknown

Delivery is for 2014-2015 marketing year, USDA says

Private exporters reported the sale of 120,000 metric tons of 2014/2015 corn to unknown destinations, USDA said on Thursday.

As of August 21, 2014-2015 corn sales to unknown destinations totaled nearly 2.61 million metric tons, the second most behind Mexico's 2.69 million, according to USDA's latest weekly export report.

The marketing year for corn begins Sept. 1.

Exporters are required to report to USDA any export sales activity of 100,000 tons or more of one commodity made in one day or quantities totaling 200,000 tons or more in any reporting period, except 20,000 tons for soybean oil, made in one day to one destination by the following business day.

Corn delivery to unknown destinations is for 2014-2015 marketing year, USDA says

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