China’s latest purchase of U.S. corn broke a record set just two weeks ago.

USDA data shows a sale of 1.937 million metric tons, eclipsing the previous high of 1.762 million July 14th.

University of Illinois ag economist Todd Hubbs tells Brownfield exports are critical as the corn market suffers from reduced ethanol demand.

“As tends to be the case when we have these large supplies. And hopefully some of these lower prices we’re seeing can incentivize more overseas buyers to come into our market.”

He’s also cautiously optimistic China returns to being a major player for U.S.

…