USDA: Costa Rica Buys 4.32 Million Bushels of Corn

USDA: Costa Rica Buys 4.32 Million Bushels of Corn

Corn is for delivery in 2014/2015 crop year

Private exporters reported that Costa Rica bought 4.32 million bushels of 2014/2015 U.S. corn, USDA said on Friday.

USDA's weekly report showed that as of Nov. 20, Costa Rica had outstanding sales of nearly 11.4 million bushels of corn. Friday's sales will be included in a future weekly report.    

The marketing year for corn began Sept. 1.

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.

USDA: Costa Rica Buys 4.32 Million Bushels of Corn

Farm Futures Senior Editor Bob Burgdorfer comes to Penton Farm Progress with experience as a reporter covering grain markets and other global news with Reuters, Inc. A journalism graduate from Kansas State University, Bob has also worked at daily newspapers and Knight-Ridder as a commodity reporter, covering grains and livestock. He has earned five writing awards for his coverage of Mad Cow Disease, immigration issues and other international breaking news stories.

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