date:Aug 30, 2013
echanics are flowing and the first big cargo has gotten into China, we expect future shipments to go smoothly, said Martin Fraguio, head of Argentine corn industry chamber Maizar.
China imports corn mainly from the United States.
Besides bilateral agreements, China requires safety certificates for GMO corn imports. This month's landmark Argentine corn shipment was imported by Chinese state-owned trading house COFCO.
Futures traders see China as a wild card in their attempt to pencil in price