NEWS
China Looks to Import More Wheat
Lin Tan DTN China Correspondent
Tue Jul 2, 2013 10:52 AM CDT

BEIJING (DTN) -- Chinese flour mills bought wheat from France in June, a rare purchase that highlights China's concerns about its low-quality harvest amid recent declines in global prices.

After buying 1.5 million metric tons (55 million bushels) of U.S. wheat in May, Chinese importers are reportedly still looking for another 2 million to 3 million metric tons (73 to 110 mb) of wheat, possibly U.S. wheat.

"Recent wheat price decreases in the international market make wheat imports profitable in China. This is why China is looking for more wheat to import," said Wenge Fu, an ag economics professor at ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Getting to the Root of Residual
USDA Weekly Crop Progress
USDA Reports Summary
USDA Report Flash
USDA Reports Preview
USDA Weekly Crop Progress
Farming on the Mother Road - 2
View From the Cab
Newsom on the Market
USDA Weekly Crop Progress