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China Makes First Inquiry for US Wheat Since Trump-Xi Summit

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EXCLUSIVE China Makes First Inquiry for US Wheat Since Trump-Xi Summit China has inquired about buying US wheat, signaling that Beijing may be gearing up to expand its purchases of American crops beyond soybeans following the presidential summit in September. State-owned crop trader Cofco Corp. has asked about US soft red winter wheat for delivery to China, said people familiar with the matter. The shipments would be for loading in the new year, they said, declining to be named as they’re...

EXCLUSIVE China Makes First Inquiry for US Wheat Since Trump-Xi Summit China has inquired about buying US wheat, signaling that Beijing may be gearing up to expand its purchases of American crops beyond soybeans following the presidential summit in September. State-owned crop trader Cofco Corp. has asked about US soft red winter wheat for delivery to China, said people familiar with the matter. The shipments would be for loading in the new year, they said, declining to be named as they’re not authorized to talk to the media.
China (LOCATION) First Inquiry for US (ORG) Trump-Xi Summit (ORG) Trump-Xi Summit China (ORG) US (LOCATION) Beijing (LOCATION) American (ORG) Cofco Corp. (ORG)
Originally published by Bloomberg Markets Read original →