China reportedly made purchases of two cargoes of US wheat for December shipment

it’s definitely a signal that Beijing is at least trying to play nice in the month(s) just after the latest “deal”. In time, don’t be surprised if China conveniently forgets that they have to keep up such commitments. We’ve seen this story play out one too many times. In any case, China’s grain imports have slumped heavily in the past few years as domestic production has been on the rise. For some context, China was arguably the biggest grains importer with around 60 million tons purchased in 2021-22. That figure fell to just 20 million tons during the period of last year. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online platform with market intelligence for grains and ...