Cofco Books First Argentina Corn Cargo to China in 15 Years
Grains are loaded onto a ship along the Parana River waterway at the Molinos Agro grain processing and crushing facility in Rosario, Santa Fe province, Argentina.
Photographer: Sebastian Lopez Brach/BloombergCofco International Ltd. said it is loading a bulk cargo of Argentine corn to China, in what will be the first such shipment in more than 15 years as the two countries expand agricultural trade.
The deal comes after China cleared Argentine corn imports in 2024, and as the South American nation has recently kicked off a bumper harvest. China also booked a rare cargo of Argentine wheat last year, the first shipment in decades.