China buys $850 million worth of U.S. corn

In a four-day shopping spree, importers bought 3.876 million tonnes of U.S. corn for delivery to China this marketing year, said the USDA. The corn was worth $850 million, based on futures prices in Chicago. High domestic prices have made imported corn attractive to Chinese processors  and livestock feeders. China, the world’s largest pork consumer,… » Read More

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