Bloomberg News

Corn Futures Head for Biggest Weekly Gain Since 2008

July 13, 2012

Corn Futures Jump

Seed corn is loaded into a grain bin from a combine harvester in Sheffield, Illinois. Photographer: Daniel Acker/Bloomberg

U.S. exporters reported sales of 150,200 metric tons of soybeans to unknown destinations, the U.S. Department of Agriculture said today in a statement.

The agency said 7,500 were delivery before Aug. 31, and 142,700 were for delivery in the 12 months starting Sept. 1,

Shippers must report any export transaction of 100,000 tons or more for any commodity sold in one day to a single destination.

To contact the reporter on this story: Patrick McKiernan in New York at pmckiernan@bloomberg.net

To contact the editor responsible for this story: Steve Stroth at sstroth@bloomberg.net


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