China's intensive procurement of U.S. corn, U.S. soybeans! It has reached 10.64 million tons.

China is sourcing U.Sagricultural products, ordering not only soybeans frequently, but also a rare flurry of large-scale purchases of cornJust bought 1.365 million tonnes on Friday and 1.762 million tonnes on Tuesday, the largest one-day purchase in ChinaYesterday (July 16), China launched a new round of corn and soybean purchases, the latest in a series of purchasesChina on Wednesday re-purchased 132,000 tons of corn and 389,000 tons of soybeans, according to USDASince Friday, the U.SDepartment of Agriculture has reported that China has purchased 3.259 million tons of corn, 518,000 tons of soybeans and 320,000 tons of hard wheatCorn imports are still a month and a half before the new market opens, but the amount of new U.Scorn already sold to China will bring exports to an all-time highThe first phase of the U.S.-China trade deal means selling record corn and other U.Sproducts to China, which is important for future corn salesWhile U.Scorn stocks are expected to rise to a 33-year high, U.S.-China trade relations and competition from global markets have left sales of China uncertainChina bought 1.762 million tons of corn in the 2020-21 market year, the largest single-day purchase in China, the U.SDepartment of Agriculture (USDA) confirmed TuesdayDATA SOURCE: USDA China on Wednesday purchased 132,000 tons of U.Scorn, bringing total corn sales in 2020-21 to about 3.9 million tons, or 154 million bushelsThis is undoubtedly the year when China is scheduled to produce the largest number of new corn in the United States, and will also be the second-highest year for U.Scorn exports to ChinaThe highest record was set in 2011-12, when the United States exported 5.15 million tons of corn, or 203 million bushels, to ChinaFor nearly two years, bulls of corn have seen it as a catalyst for higher prices to be sold to ChinaBut Chicago futures closed lower on Friday and Tuesday as improved U.Scrop weather overshadowed export newsGiven China's relatively low import quota and historical imports of corn from the United States, the purchase is unlikely to have a significant impact on the 2.65 billion bushels of corn stocks expected by the United States in 2020-21Soybean imports As Brazil's export season draws to a close, China's private importers are booking more U.SsoybeansMay 7, June 5, July alone has purchased four 91 tons of soybean ordersSince 2019/20, USDA has confirmed that private exporters have sold 9.4 million tons of soybeans to ChinaChina, the world's largest buyer of soybeans, has been importing record Brazilian soybeans, but traders say the South American country's exportable inventory is almost sold outSo far in 2020, China has purchased five agricultural products: U.Ssoybeans, sorghum, wheat and corn, with a cumulative purchase volume of 10.64 million tons