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China's U.S. corn imports rise

10/17/2013 @ 9:56am

China has purchased nearly 20 shipments of U.S. corn, or around 1.2 million metric tons, so far this month, industry consultancy Shanghai JC Intelligence said in a report posted on its website Thursday.

The shipments are due to arrive sometime during March through June next year, though it is still unclear if all the shipments will meet China's quota restrictions allowing 7.2 million tons of corn imports annually, JCI said.

China imported 1.6 million tons of corn in the first eight months of this year, 94% of which came from the U.S, according to China customs data.

Write to Chuin-Wei Yap at chuin-wei.yap@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

(END) Dow Jones Newswires

October 17, 2013 06:04 ET (10:04 GMT)

DJ China Has Bought 1.2 Mln Tons of U.S. Corn in October -Consultancy->copyright

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