China books second-biggest U.S. corn purchase on record, also buys wheat

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China booked its second-largest single-day U.S. corn purchase on record, according to U.S. Department of Agriculture (USDA) data released on Friday, as the country works to fulfill its Phase 1 trade deal obligation to dramatically increase U.S. farm product imports.

The USDA said China bought 765,000 tonnes of corn for shipment in the current marketing year which ends Aug 31 and 600,000 tonnes for shipment in the following year.

The 1.365 million tonnes of corn booked by China was its largest single-day purchase in 25-1/2 years, behind only a 1.45-million-tonne purchase in December 1994, a according to USDA data. China also booked deals for 130,000 tonnes of U.S. hard red winter wheat and 190,000 tonnes of U.S. hard red spring wheat, the USDA said.

In the Phase 1 trade deal signed with the United States in January, Beijing agreed to buy $80 billion of U.S. agricultural products over the next two years. China on Friday increased its corn and soybean import forecasts for the current season, as the country was expected to step up purchases from the United States.

 

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He who buys your stock in bulky, saves your money in billions from net loss inform of dead expired stock unfit for human consumption. He keeps you a loof from being a beggar stressed with loan refunds. Call him a friend indeed.

Is this even news? Please grow up media!! Behave responsibly

Who else commies going to buy it from...mexico🤣 CCP official are so confident their crops production level can be sustainable for over years without the import food supply from other countries... Show us commies😏

I guess Xi was paying attention when Trump asked him for help in the election

What trade war? Everything is fine

So if you buy corn and wheat China is a good country but if you use the tic tok application you’re not or if you stop the so called Hong Kong financial fraud hub you’re not ok . Make up your mind , is peanuts purchasing a friendly gesture

Let us know if you need anything else.

Send them rye instead of wheat.

It’s political they want US farmers to support CCP for being a revenue source.

CCP citizens and zlj5172 ,are you sure you all want to buy and eat so called evil US food? I thought you all want to boycott all US products? Please, don't be a 2 headed snake!

Screw China

The Chinese government funny af 🤦🏾‍♂️

This what trump asked for lol

China wants Trump to win. Why? They can mold and manipulate him to serve their agenda.

bussness is bussness

basedkarbon 🚀🚀🚀🚀

· If not take down the Chinese Communist Party ,various viruses will follow, because this virus is the CCP biological and chemical weapon, the CCP is poisoning the world, please don't be silent The CCP Lied •American Die 👇

. If not take down the Chinese Communist Party ,various viruses will follow, because this virus is the CCP biological and chemical weapon, the CCP is poisoning the world, please don't be silent The CCP Lied •American Die 👇

If not take down the Chinese Communist Party ,various viruses will follow, because this virus is the CCP biological and chemical weapon, the CCP is poisoning the world, please don't be silent The CCP Lied •American Die 👇

🇺🇸$0.99 Sale!🇺🇸

'Can you do us a favor though?' RepAdamSchiff

...”just help me get re-elected.”

is this retaliation with Chinese characteristics😂

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