corn

Report: Ukraine War Boosts Chinese Purchases of U.S. Corn and Soybeans

China came up about $6 billion short of the $40 billion in U.S. agricultural products it agreed to purchase in the two-year trade deal it signed in January 2020 – but suddenly began making up a bit of that deficit after the Russian invasion of Ukraine, as Chinese buyers scrambled to cover potential shortfalls of Ukrainian corn.

Central Illinois farmers harvest their corn crops as the sun sets Saturday, Oct. 15, 2016,