History Shows There's No Price Too High For China To Buy Corn, Soybeans

By Tyne Morgan

Ag Web

China’s historic buys last week seem to come with nervousness from other major importers. Arlan Suderman of StoneX says after USDA announced sales of 80.3 million bushels of corn to China early last week, but Wednesday’s sales to China also revealed purchases by “unknown destinations” that totaled 8.4 million bushels. Suderman said that could be an indication that other buyers are getting nervous.

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Corn, Soybeansdon molino