USGC: China Purchase of US Corn; Beginning of Future Trade Opportunities PDF Print E-mail
Font Size Larger Font Smaller Font
Contact Marri Carrow at 202-789-0789   
Wednesday, 12 May 2010 20:56
During a recent visit to China, the U.S. Grains Council saw a growing opportunity of U.S. corn exports to the country. On Wednesday, it was reported that China made its second purchase of U.S. corn in as many weeks. The state-owned company Cofco Limited bought 300,000 metric tons of U.S. corn Tuesday night. According to USGC President and CEO Thomas C. Dorr, it’s possible as many as 15 U.S. cargoes has been sold to the Chinese. “If this is true, and we certainly hope it is an view it as good news, this may be the beginning of opportunities to trade more consistently with China,” said Dorr. Click here to listen.
 

Follow the Council On:

 
20 F Street NW, Suite 600, Washington, DC 20001      Phone: 202-789-0789      Fax: 202-898-0522
Glossary | The GRAIN Center | Privacy Policy
 

The U.S. Grains Council is a private, non-profit organization dedicated to building export markets for barley, corn, sorghum and their products. The Council is headquartered in Washington, D.C., and has 10 international offices and active market development programs in more than 50 countries. Financial support from the Council’s private industry members, including state checkoffs, agribusinesses, state entities and others, triggers federal matching funds from the government and support from cooperating groups in other countries, producing an annual market development program valued at more than $28.3 million.

The U.S. Grains Council does not discriminate on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, sexual orientation or marital/family status. Persons with disabilities, who require alternative means for communication of program information, should contact the U.S. Grains Council. The U.S. Grains Council is an Equal Opportunity Employer. For more information on Section 508, please go to the following website: http://www.ocio.usda.gov/508/index.html