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China Soybea - Net Imports/exports
U.S. Exports sales , Net Imports/exports, Crops, Weekly Net Sales and Exports, Marketing Year Final Reports, Top 10 Daily Sales. USDA's export sales reporting system has its roots in the unexpected p... urchase of large amounts of grain by the Soviet Union in 1972. The huge, unanticipated Soviet purchases of U.S. wheat and corn that year produced a sizable run-up in U.S. food prices and depleted U.S. reserve stocks. There was also concern over the advantage which large grain companies gained in this situation because they had more information than was available to the public on future prices and grain trade trends.To make sure that all parties involved in the production and export of U.S. grain have access to up-to-date export information, the U.S. Congress mandated an export sales reporting requirement in 1973. Prior to the establishment of the export reporting system, it was impossible for the public to obtain information on exports until such exports were actually shipped. This frequently resulted in a considerable delay in obtaining information. Souces : USDA http://www.fas.usda.gov/export-sales/backgrnd.htm
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