China has approved the import of two varieties of GMO corn from Argentina. Argentina is set to begin corn exports to China in July, as confirmed by the country's grain export chamber. This move is significant as China is the world's main importer of corn, with Brazil currently being the main supplier.
#Soymeal stocks at major crushers in China up 239% YoY. 🔸 10.5MMT of 🌱 expected to arrive in China next month, 10MMT in July, 8.5MMT in Aug (mostly from Brazil). https://t.co/ut5cgUrEgX
🇺🇸 Corn is competitive & based on forward FOB values should be until fall. How does Brazil Safrinha finish? Next 2 wks Mato Grosso, Mato Grosso do Sul, Goiás 🥵 and little to zero 🌧️… Jun Price Curves: 🇦🇷 $4.88 🇺🇸 $5 USG 🇺🇦 $5.21 🇧🇷 $5.33 🇺🇸 $5.70 PNW #WednesdayNotes 📝…
Exclusive: Argentina on track to start corn exports to China in July - grains chamber head https://t.co/tyve7qO85l https://t.co/CZaOOf9FGu
More dollars for the Government: after several years of management, China 🇨🇳 finally allowed the entry of Argentine 🇦🇷 corn They are looking for the first shipment to be in July. The Asian giant is the main importer of cereal in the world. Today Brazil 🇧🇷 is the main supplier. https://t.co/jJMQlbk60b
🇧🇷 CFR China 2 lower at 158N, offers heard +160-165 to N. 🇺🇸 CFR China unch +225 over Jul CME. Offers at +230-231N. #soybeans 🌱 #Brazil 🇧🇷 #USA 🇺🇸
🔵 EXCLUSIVE-ARGENTINA ON TRACK TO START CORN EXPORTS TO CHINA IN JULY - GRAINS CHAMBER HEAD Full Story → https://t.co/HF4sKHIY05 Argentina is on track to start long-awaited corn shipments to China from July, the country's grain export chamber told Reuters on Tuesday, which…
⚠️ CHINA APPROVES IMPORTS OF TWO VARIETIES OF GMO CORN USED IN ARGENTINA - ARGENTINA GOVT
🇧🇷 CFR China 4 lower at 160N, trades heard +160 to N. 🇺🇸 CFR China unch +225 over Jul CME. Offers at +230-231N. #soybeans 🌱 #Brazil 🇧🇷 #USA 🇺🇸