USDA announces another big corn sale to China
The USDA’s Foreign Ag Service has reported another huge sale of corn to China.
This marks China’s second recent purchase of more than 1 million tons of corn. Of that, nearly 750,000 tons is marked for delivery during the current marketing year. The balance is set for delivery during the 2022/2023 marketing year.
The USDA’s next set of supply and demand numbers comes out May 12th.