COFCO | Red River Farm Network

China Buys U.S. Beans

Published October 29, 2025

Ahead of the Thursday meeting between President Trump and Chinese President Xi, China purchased three cargoes of U.S. soybeans. State-owned COFCO booked 180,000 metric tons of soybeans for December and January shipment. These beans are expected to move through the…

State-Run Chinese Firm Purchases Aussie Canola

Published August 19, 2025

COFCO has booked 50,000 metric tons of new-crop Australian canola. This will be China’s first purchase of Australian canola in five years. China sourced nearly all of its canola from Canada in the recent past. However, a new 76 percent…

COFCO Invests Heavily in Brazilian Port

Published May 13, 2025

China is building the world's largest export terminal in Santos, Brazil. The state-owned COFCO is behind this infrastructure investment. When complete, it will increase COFCO’s annual export capacity from 4.5 million tons to 14 million. Soybeans, corn and sugar will…

Grain Terminal Swap

Published June 23, 2024

Growmark and COFCO International have come to terms on two grain facilities. Growmark is selling its minority ownership in a grain-loading facility on the Mississippi River near St. Louis to COFCO. COFCO is selling its ownership stake in a Chicago…

COFCO-Sinograin JV to Begin Operations

Published December 29, 2022

A joint venture set up by two state-owned Chinese grain companies will officially begin operations this month. COFCO and Sinograin established the China Enterprise United Grain Reserve Company in September. This new entity will manage grain reserves and help protect…

COFCO Works a Price Arbitrage Between Brazil and U.S.

Published September 21, 2020

State-owned COFCO is reportedly selling cargoes of Brazilian soybeans for October and November shipment while buying shipments for November and December from the U.S. Gulf. China is able to secure soybeans while taking advantage of the price difference between the…

Ag Companies Cooperate on Digital Platform

Published December 4, 2019

An industry-wide initiative to modernize trade operations is now going by a new name, Covantis. The goal of this effort is to increase efficiencies within the system with a digital platform. ADM, Bunge, Cargill, COFCO International, Louis Dreyfus Company and…

China Buys More South American Soybeans

Published May 20, 2019

AgriCensus reports two state-owned Chinese buyers stepped up its purchases of South American soybeans, purchasing at least eight cargoes over the past week. Sinograin and COFCO reportedly was on the sidelines, waiting for an agreement between the U.S. and China.…

COFCO: China Will Look to the World for Other Protein Souces

Published July 12, 2018

In an interview with China’s state-run newspaper, a key COFCO official said China will be able to replace U.S. soybean exports with alternative sources. That includes an increase in business with Brazil and Argentina. The senior COFCO official also said…

Articles tagged under: COFCO

China Buys U.S. Beans

State-Run Chinese Firm Purchases Aussie Canola

COFCO Invests Heavily in Brazilian Port

Grain Terminal Swap

COFCO-Sinograin JV to Begin Operations

COFCO Works a Price Arbitrage Between Brazil and U.S.

Ag Companies Cooperate on Digital Platform

China Buys More South American Soybeans

COFCO: China Will Look to the World for Other Protein Souces

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