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Cargill buys Chinese crusher Published 24th September, 2020 Global agribusiness giant Cargill has acquired an oilseed crusher based in north China, according to a court document seen by AgriCensus on 15 September.
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Cargill buys Chinese crusher
Cargill buys Chinese crusher Published 24th September, 2020 Global agribusiness giant Cargill has acquired an oilseed crusher based in north China, according to a court document seen by AgriCensus on 15 September.
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China's soy crushers in no rush to buy from U.S.
Data shows crushers in Rizhao, a major hub for soybean imports in northern China, currently lose 133 yuan ($19.33) for every tonne of the oilseed they process. “We are not in shortage of beans for August and September, but it is hard to say about future months,” said a manager at a crusher eligible for the tariff exemptions, who spoke on condition of anonymity.
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China state-owned crusher buys more costly US beans to meet trade pledge
China state-owned crusher buys more costly US beans to meet trade pledge 23 Apr 2020 | Johnny Huang The state-owned Chinese crusher Cofco was heard buying another three cargoes of US soybeans Wednesday overnight, despite higher prices than Brazilian beans, as the Chinese government pushes to meet the $40 billion purchase pledge under US-China Phase One agreement.
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Despite the carrot of a potential exemption from import tariffs, Chinese soybean crushers are unlikely to buy in bulk from the United States any time soon as they grapple with poor margins and
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Despite the carrot of a potential exemption from import tariffs, Chinese soybean crushers are unlikely to buy in bulk from the United States any time soon as they grapple with poor margins and
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China's soy crushers in no rush to buy from U.S.
Data shows crushers in Rizhao, a major hub for soybean imports in northern China, currently lose 133 yuan ($19.33) for every tonne of the oilseed they process. “We are not in shortage of beans for August and September, but it is hard to say about future months,” said a manager at a crusher eligible for the tariff exemptions, who spoke on condition of anonymity.
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