The top importer of the crop is turning to Brazil Major US corn buyer China has been reducing imports from the country due to weak demand and cheaper supplies from Brazil, Bloomberg reported on Friday. Chinese buyers have reportedly canceled 832,000 tons of US corn orders in the past three weeks, while ramping up purchases from fellow BRICS member Brazil, which is projected to pass the US as the top exporter this year. According to the report, citing traders, US corn is now less competitive, with supplies from Brazil around $30 a ton cheaper for delivery in the third quarter. Weak domestic demand for corn as anima
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