date:Mar 14, 2014
y grain supply depots in production regions, they're just a trader, so it's not too frightening.
Marubeni sells soybeans mostly to small- and mid-sized traders in China, but does not currently sell direct to COFCO.
The two firms did, however, sign an agreement in 2010 for Marubeni to import Chinese milling wheat into Japan from COFCO.
MORE DEALS MAY COME
When asked about its MA intentions, COFCO previously said that a key strategy was to increase supply sources worldwide to boost food securi