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Recent merger gives greater access to Latin American grain
date:Mar 25, 2014
China has gained improved access to major grain-growing regions in Latin America through a recent merger with a Dutch agricultural commodities trader, which has many sources in the region.

Chinese State-owned food giant COFCO China National Cereals, Oils and Foodstuffs Corp recently announced a $1.2 billion deal to buy 51 percent of Netherlands-based grain trader Nidera NV.

Observers regard the merger as an important move for Chinese agricultural companies to get more involved in Latin Amer

07/14 01:37