Articles tagged under: COFCO
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…