China has made its’ largest purchase of U.S. corn on record.

The USDA’s Foreign Ag Service says Beijing bought 1,762,000 tons of U.S. corn for delivery during the 2020/21 marketing year, following up on last week’s sale of 1,365,000 million tons as China tries to meet Phase One trade deal purchase obligations and hit the World Trade Organization’s low-tariff quota of 7.2 million tons of corn imports from any country, not just the U.S.

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