U.S. plans to fix export reporting

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Published: April 25, 2024

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Exporters are required by law to report sales of U.S. agricultural commodities to the USDA’s Foreign Agricultural Service (FAS), which reports weekly export sales each Thursday. The reports are closely watched by grain and livestock traders. | Getty Images

CHICAGO, Ill. (Reuters) — The U.S. Department of Agriculture expects to roll out an upgraded system for its weekly export sales reporting program in late 2025.

Exporters are required by law to report sales of U.S. agricultural commodities to the USDA’s Foreign Agricultural Service (FAS), which reports weekly export sales each Thursday. The reports are closely watched by grain and livestock traders.

The USDA is still refining its new system, to be called the Export Sales Reporting and Query System (ESRQS), following a failed roll-out in August 2022 that sent traders scrambling and delayed export sales reports for three weeks.

“We expect to launch the new system next year, in 2025, probably later in the year,” said Patrick Packnett, a deputy administrator with the FAS.

“There will be ample testing with the exporters before we attempt to launch the new system again,” Packnett said.

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