Sluggish corn demand in the U.S. has been a concern for months. This past week, demand got a big boost, with USDA reporting daily flash sales from China. According to AgDay TV those sales tally up to 83.1 million bushels since March 9.
The consistent buys buoyed corn prices. Now the industry is asking two major questions:
Why is China buying?
How many more purchases are yet to come?
By TYNE MORGAN
March 17, 2023 agweb.com
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