Falling U.S. corn prices attract Chinese buying
date:Jul 16, 2013
ce July 5. The U.S. Department of Agriculture on its 24-hour reporting service indicated four sales of 120,000 tonnes of corn each, culminating in the notification of another 120,000 tonnes sold to unknown destinations on July 15.

On July 12, the U.S.D.A. reported a historically large sale of 960,000 tonnes of corn to China (not unknown destination) for 2013-14 delivery.

December corn futures on the CME Group dipped to a nearly 2-year low of $4.91 on July 5 and were trading just a few cents ab
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