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Tag Archives cofco


(Alkestida/iStock/Getty Images)
Crops, Markets

China’s COFCO says it imported Canadian durum for first time

China's imports usually involve pasta or durum flour instead

By Reuters November 24, 2023
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

A farmer in China piles wheat.  Photo: Reuters/File
Crops, Markets

China to launch grain reserves company in 2023

By Reuters December 30, 2022
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

Covantis developers said they met with industry stakeholders in Brazil in October to discuss how their system would apply in soybean traffic between Brazil and China. (Covantis.io)
Crops, Markets

Major grain traders’ e-transaction platform gets name

By GFM Staff December 5, 2019
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’ oilseed processing plant at Yorkton, Sask. (LDC.com)
Crops

Louis Dreyfus could consider selling stake to regional player

By Reuters May 3, 2019
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

CBOT March 2019 soybeans with 20- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Soybeans firm on new China sales, shrinking Brazil crop

By Karl Plume February 4, 2019
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


(Photo courtesy United Soybean Board)
Crops, Markets

U.S. grains: Soybeans end near decade low as trade war deepens

By Karl Plume July 11, 2018
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

(Dave Bedard photo)
Crops

China signals to state giants: ‘Buy American’ oil and grains

By Dominique Patton, Florence Tan, Hallie Gu May 23, 2018
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

Canola south of Ethelton, Sask. on Aug. 3, 2017. (Dave Bedard photo)
Crops, Markets

China’s Cofco seeks larger Canadian canola volumes

By Rod Nickel November 15, 2017
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


Representatives from Growmark and Cofco have signed on for a new grain supply agreement. (Photo courtesy Growmark)
Crops

China’s Cofco to partner with Growmark on U.S. grain supply

By Reuters August 18, 2017
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

A truck bears the logo of the Fortune brand, used by Cofco’s China Agri subsidiary to market rice and flour. (Cofco.com)
Crops

China shipping wheat flour to Canada

By Farmtario Staff December 7, 2016
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

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