Beijing | Reuters — Chinese state-run food group COFCO Group said it had imported Canadian durum wheat for the first time for processing into flour, a departure from China’s usual […] Read more
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China’s COFCO says it imported Canadian durum for first time
China's imports usually involve pasta or durum flour instead
China to launch grain reserves company in 2023
Reuters — China’s state-owned grains trader COFCO said on Thursday a new joint venture it has set up with state stockpiler Sinograin to manage the country’s huge grain reserves will […] Read more
Major grain traders’ e-transaction platform gets name
The blockchain-based global commodity transaction platform being developed by six of the world’s biggest agrifood firms is moving ahead with a new name and project leader. The six companies — […] Read more
Louis Dreyfus could consider selling stake to regional player
Paris | Reuters — Louis Dreyfus Co., one of the world’s biggest agricultural commodities houses, may consider selling a stake to a regional player to support its development although there […] Read more
U.S. grains: Soybeans firm on new China sales, shrinking Brazil crop
Chicago | Reuters — U.S. soybean futures edged higher on Monday on renewed Chinese demand for U.S. shipments and worries about a smaller Brazilian soy crop, but gains were limited […] Read more
U.S. grains: Soybeans end near decade low as trade war deepens
Chicago | Reuters — U.S. soybean futures dropped to contract lows on Wednesday and the most active contract closed at the lowest in nearly 10 years as an escalating trade […] Read more
China signals to state giants: ‘Buy American’ oil and grains
Singapore/Beijing | Reuters –– China will import record volumes of U.S. oil and is likely to ship more U.S. soy after Beijing signalled to state-run refiners and grains purchasers they […] Read more
China’s Cofco seeks larger Canadian canola volumes
Winnipeg | Reuters — State-owned Chinese agribusiness Cofco Corp. looks to buy 2.5 million tonnes of Canada’s canola crop next year, a boost of more than one-third over its expected […] Read more
China’s Cofco to partner with Growmark on U.S. grain supply
Reuters — China’s state-owned Cofco International Ltd. (CIL) and U.S. farm co-operative Growmark on Friday announced a new grain supply partnership which they say will enhance links between U.S. grain […] Read more
China shipping wheat flour to Canada
Chinese state-owned agrifood firm Cofco says it has scored its first-ever international sale of wheat flour — into the Canadian market. Cofco, which said in June it plans to open […] Read more