OMAHA (DTN) -- Private exporters reported to the U.S. Department of Agriculture optional origin sales of 120,000 metric tons of soybeans for delivery to China during the 2013/2014 marketing year. An optional origin contract provides that the origin of the commodity may be the U.S. or one or more other exporting countries.
The marketing year for soybeans began Sept. 1.
The USDA issues both daily and weekly export sales reports to the public.
Exporters are required to report to the USDA any export sales activity of 100,000 metric tons or more of one commodity, made in one day to one ...