China Can Buy US Corn $3 Cheaper Than Domestic Prices

By Tyne Morgan

Ag Web

As the U.S. waits to see if record corn purchases from China will turn into record shipments, there may be an economic incentive to buy more U.S. corn.

American Farm Bureau Federation chief economist John Newton says the economics show China can buy U.S. corn at a discounted price compared to what buyers are seeing domestically.

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