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Largest corn sale to China since July - Vimarsana News

Largest corn sale to China since July

iStock: bergserg Private exporters reported the largest sale of U.S.-grown corn to Chinese buyers in nearly six months, with 1.36 million tonnes for delivery this marketing year, said the USDA on Tuesday. It was only the fifth time since 1994 when corn sales to China exceeded 1 million tonnes in a single day. The sale of 1.36 million tonnes, the equivalent of 53.5 million bushels, was worth $285 million based on prices at the Chicago futures market. The largest corn sale to China recorded by USDA was 1.937 million tonnes last July 30. Meanwhile, agricultural processor and exporte...

China bought 'roughly 200 million gallons' of U.S. ethanol for H1 2021 - ADM - Vimarsana News

China bought 'roughly 200 million gallons' of U.S. ethanol for H1 2021 - ADM

4 Min Read CHICAGO/BEIJING (Reuters) - China has bought “roughly 200 million gallons” of U.S. ethanol for the first half of 2021, matching its previous record for annual imports of the corn-based biofuel, Archer Daniels Midland Co Chief Financial Officer Ray Young said on Tuesday. FILE PHOTO: Corn is loaded into a truck to be transported for ethanol production in Kelley, Iowa, U.S., January 21, 2020. REUTERS/Shannon Stapleton/File Photo The accelerated imports are among several positive signs for the ethanol sector which has been hard hit by years of oversupply and, more recently, a sharp...

ADM Executives Also See Recovery for Ethanol Sector in 2021 - Vimarsana News

ADM Executives Also See Recovery for Ethanol Sector in 2021

About DTN DTN delivers accurate, objective, real-time, and actionable insights to increase our 2 million customers’ confidence and support their business decisions. In a data-rich world, our actionable insights in weather and financial analytics make sense of the information, drive change in processes and help businesses prosper. They empower our agriculture, energy and transportation customers – those who work endlessly to feed, fuel and protect our world. We believe that when our customers are supported with the most reliable and innovative information to the Nth Degree, they prosper an...

Source: dtnpf.com
UPDATE 1-China bought 'roughly 200 mln gallons' of U.S. ethanol for H1 2021 - ADM - Vimarsana News

UPDATE 1-China bought 'roughly 200 mln gallons' of U.S. ethanol for H1 2021 - ADM

1/26/2021 By Karl Plume CHICAGO, Jan 26 (Reuters) - China has bought "roughly 200 million gallons" of U.S. ethanol for the first half of 2021, matching its previous record for annual imports of the corn-based biofuel, Archer Daniels Midland Co CFO Ray Young said on Tuesday. The accelerated imports are among several positive signs for the ethanol sector which has been hard hit by years of oversupply and, more recently, a sharp drop in demand as the coronavirus pandemic slashed fuel use. "China actually has been buying U.S. ethanol. That's something that they have not been doing over the past c...

Archer Daniels Midland Company (ADM) Q4 2020 Earnings Call Transcript - Vimarsana News

Archer Daniels Midland Company (ADM) Q4 2020 Earnings Call Transcript

Operator Good morning and welcome to the ADM Fourth Quarter 2020 Earnings Conference Call. All lines have been placed on a listen-only mode to prevent background noise. As a reminder, this conference call is being recorded. I would now like to introduce your host for today's call, Victoria de la Huerga, Vice President, Investor Relations for ADM. Ms. de la Huerga, you may begin. Victoria de la Huerga -- Vice President, Investor Relations Thank you, Shelby. Good morning. And welcome to ADM's fourth quarter earnings webcast. Starting tomorrow, a replay of today's webcast will be available at A...

Source: fool.com