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China Makes Large Purchase of U.S. Corn

USDA confirms private exporters sold 1.156 million tonnes to country, the biggest sale since January

PIXABAY
PIXABAY

China booked its largest purchase of U.S. corn since January, the U.S. Department of Agriculture (USDA) said on Tuesday.

AgWeb reports the USDA confirmed that private exporters sold 1.156 million tonnes of U.S. corn to China, the biggest sale announced through the USDA's daily reporting system since Jan. 29, when China bought 2.1 million tonnes of the grain in the second-largest U.S. corn sale on record.

The USDA has projected that China will import a historically large 24 million tonnes of corn globally in the 2020/21 marketing year, in addition to other feed grains including barley, sorghum and wheat, as the country strives to rebuild its massive hog herd that has been hit by diseases.

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