date:Jan 17, 2013
deal, which doesnt seem to drive their soybean buying nearly as much since soy is seen as an indispensable ingredient in the Chinese diet.
Rich Nelson, chief strategist at Allendale, Inc., Chicago, said China would like to import corn from Argentina because its price is 60c a bu cheaper than U.S. corn. China also is a buyer of corn from Ukraine, said Rich Feltes, vice-president of R.J. OBrien in Chicago.
There is nothing to indicate that China right now will be a big importer of U.S. corn bec