China's U.S. corn imports rise
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.
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(END) Dow Jones Newswires
October 17, 2013 06:04 ET (10:04 GMT)