Chinese buyers cancelled 83.2 million tons of United States maize order, “bading or continuing”
BloomerCrystal
May 22
[Language/observer, Lee Jersey] On 12 days, Pombo reported that, as a result of more favourable prices for maize and domestic wheat in Brazil, Chinese buyers had removed 83.2 million tons of United States maize orders over the past three weeks. According to the Pambo analysis, this wave of “badings” may continue in the future. Internazional coverage by Pambo China buys maize mainly for livestock feed. According to United States Government data, Chinese buyers purchased approximately 4 million...
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