Argentina prepares first corn shipment to China in 15 years
In Argentina, Datamar News reported that Cofco International said it has begun loading a bulk carrier with corn bound for China from Argentina, marking what will be the first shipment of its kind in more than 15 years as the two countries expand agricultural trade.
The move comes after China approved imports of Argentine corn in 2024 and amid a record harvest now getting under way in the country. Last year, China also purchased a rare shipment of Argentine wheat, the first in decades, according to the report.
The cargo of about 34,000 tons of corn is being loaded at Cofco’s port terminal in Timbúes, Argentina, and is destined for China’s animal feed sector, the group’s trading arm said in a statement.
“The cargo reflects the growing alignment between the two markets and provides an additional origin for Chinese buyers,” Cofco said.
Category: Food & Agriculture
