Balanced Reporting. Trusted Insights. Thursday, June 04, 2020

Items Tagged with 'COFCO'

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China buys another 567,000 tons of US corn

China is continuing to live up to its purchase promises under the “phase one” trade deal, buying up 567,000 metric tons of U.S. corn, according to new export sales announced Friday by the USDA. Most of it — 504,000 tons — is for delivery in the 2020-21 marketing year, while 63,000 tons are for delivery in the current 2019-20 marketing year.


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Margaret Myers

Opinion: China's agroindustrial interests in Latin America

Much attention has been focused of late on the implications for Latin America of the US-China trade war, including in the agricultural sector, where Brazil has seemingly benefitted from growing demand for its abundant soy. Recent tariffs have pushed China to intensify trading with Latin America, contributing to the expectation that Brazil will become the leading soybean exporter for 2019-20, a distinction previously held by the US.
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