Private exporters have confirmed the sale of nearly 1.2 million tonnes of soybeans to China, which saw a muted market reaction. Abbott Futures market analyst Peter Georgantones would like to see corn sales to China. “That would ignite the corn market to a nice rally,” says Georgantones.”There’s talk of three million tonnes of corn that the U.S. could sell to China, but I’ll believe it when I see it.”
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