Photo: Pixabay

Apr 05, 2022

China Buys 1M Tonnes of U.S. Corn

Deal comes as Ukrainian exports struggle with Russian invasion

Chinese buyers bought 1.084 million tonnes of U.S. corn, their biggest purchase of U.S. grain since May 2021, the U.S. government said on Monday.

According to Reuters, the deal comes as shipments from Ukraine are snarled following Russia's invasion.

China had been a big buyer of Ukrainian corn and the fighting, which also has disrupted spring planting season, has created uncertainty about their reliability as a supplier.

Recently Added to Buyer's Guide

Ribbon Blenders

  • 5-cubic-foot unit features special three-piece grate designed with angled and pitched profile
  • All three sections of the grating have position sensors which interlock with the control panel, ensuring operator safety while running

Infinifeed Loop

  • Continuous feed loop system
  • Capacities available up to 1,800 bushels/hour

Loop Conveyor System

  • Can be used to fill and empty grain bins and flat storage structures or applied to feed processing and other conveying applications
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BioShield

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Q-Sage Air Screen Cleaners

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Vertical Blender

  • For reliable, gentle mixing of friable solids, abrasive materials and shear-sensitive products
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Marketwatch: Aug, 19

US Corn Price Idx: ZCPAUS.CM

open: 6.641
high: 6.7722
low: 6.6162
close: 6.7188

US Soybean Price Idx: ZSPAUS.CM

open: 14.2373
high: 14.5071
low: 14.1683
close: 14.448

US Hard Red Winter Wheat Price Idx: KEPAUS.CM

open: 7.8458
high: 7.8708
low: 7.6159
close: 7.6658

US Soft Red Winter Wheat Price Idx: ZWPAUS.CM

open: 6.903
high: 6.918
low: 6.6755
close: 6.7339