China buys lower-cost ‘new crop’ corn from U.S.

After buying huge amounts of the 2020 U.S. corn crop, China bought a total of 3.74 million tonnes (147 million bushels) of American corn last week, all of it for delivery after this year’s crop is mature, reported the USDA. “New crop” corn was 80 cents to $1 a bushel lower in price at the… » Read More

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