China makes large U.S. corn purchase

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China has made another record-breaking U.S. corn purchase, according to U.S. Department of Agriculture (USDA) data released last week, reports Agri-Pulse.

The sale of 1.937 million metric tons is some much-needed good news for U.S. farmers weathering low prices, reduced demand and high stocks. The sale tops the previous record sale to China of 1.762 million metric tons set just two weeks ago, marking the largest single-day U.S. corn sale to any country since 1989 and the third largest sale ever to a single...

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