date:Oct 18, 2012
to industry reports, China has extended a line of credit that Ukraine can use to invest in crop production and export infrastructure. Ukraine is to repay the $3 billion credit with corn shipments to China. The 15-year agreement reportedly came this fall, and could lead to Chinese imports of Ukrainian corn within the year, according to U.S. trade sources.
Overall, USGC sees China's corn situation as a positive for the long term. That's because with a record crop and modest imports, China will ha