Colombia Buys 160,000 Tonnes of U.S. Corn, USDA Says

Colombia Buys 160,000 Tonnes of U.S. Corn, USDA Says

Shipment is for 2014-2015 crop year, according to USDA export update

Private exporters reported Colombia bought 160,000 metric tons of 2014/2015 corn, USDA said on Wednesday.

Prior to Wednesday, USDA weekly data showed Colombia had bought 139,000 metric tons of 2014/2015 corn. It also bought 3.07 million metric tons of 2013/2014 U.S. corn making it the fourth largest buyer of that crop behind Japan, Mexico, and South Korea. 

The marketing year for corn begins Sept. 1.

Shipment is for 2014-2015 crop year, according to USDA export update

USDA issues both daily and weekly export sales reports to the public.  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 or quantities totaling 40,000 tons or more in any reporting period, by 3p.m. Eastern time on the next business day following the sale.


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TAGS: USDA
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