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China's grain trader deals pose a threat to 'ABCDs': Maguire
date:Apr 07, 2014
ise in 2012 as it ratcheted up imports right in the midst of the U.S. drought.

But now that China has hooked up with two firms with close ties to crop growers predominantly outside the U.S., it is likely that any further Chinese corn purchases will be at least steered through other firms, if not from other locations altogether.

This could leave ADM, alongside the rest of the ABCD giants, under pressure to compete with one another for the crop demand outside of China over the coming years, whic

07/15 01:15