Friday, April 20, 2012

China Rumors Rampant

Nothing has been reported for China in terms of corn purchases yet, but rumors are rampant, Brugler Marketing said in its Friday morning report. Currently China can have U.S. corn delivered for 6% less than domestic prices. Japan did say they were halting old crop corn buying from Ukraine because of quality problems. That could potentially open the door for more U.S. business.

As seen on marketwatchonline.com

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