US media: In the context of Russia and Ukraine's conflict and tension with US -China relations, China accelerates the import of Brazil corn

Author:Global Times Time:2022.08.13

On August 12, Bloomberg, the original topic: In the context of Russia and Ukraine's conflict and the tension with the United States and China relations, the Chinese government of accelerating Brazil's corn in China is taking measures to speed up the import of Brazilian corn and impact on the Russian and Ukraine conflict. In the situation of tension, the new source of corn supply is introduced.

Brazil is the second largest corn exporter after the United States. China and Brazil reached an agreement in May this year to ensure that Brazil has long entered the world's largest food market for a long time. China has been seeking diversification of corn imports, about 70%from the United States last year and 30%from Ukraine. China ’s increasing efforts to purchase corn are coincided with the supply of Ukraine’ s supply to the world market, and the relationship between China and the United States has intensified the relationship between China and the United States.

China has purchased most of Brazil's soybeans, which is another feed raw material for the country's huge pig groups. When this Asian country was nervous in Sino -US relations, there was a history of shifting from the supply of agricultural products from the United States to other suppliers, and Beijing had a bigger goal to reduce its dependence on a single supply country. The analyst of the consulting agency Trivurum China Corporation in Beijing said: "The Chinese government's possibility of seeking cutting off US corn imports is extremely low, and Beijing also hopes to maintain a certain bottom line in relations between the two countries."

Some people who are unwilling to disclose that Chinese state -owned food traders are negotiating on the first batch of corn imported from Brazil. These crops that may come from Brazil 2021-2022 are expected to arrive later this year. (Author Tatiana Fredas, etc., translate Ren Zhong)

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