Grain futures tumble again today on more cancellations of grain purchases

China is at it again, canceling another 327,000 MTs of corn purchased back in March. This brings total purchases year to date of just over 2 million metric tons bought in March, now that canceled 40% of those in lieu of waiting for cheaper beans out of Brazil in July.

Heartland Market Talk
Heartland Market Talk
Grain futures tumble again today on more cancellations of grain purchases
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China is at it again, canceling another 327,000 MTs of corn purchased back in March. This brings total purchases year to date of just over 2 million metric tons bought in March, now that canceled 40% of those in lieu of waiting for cheaper beans out of Brazil in July.

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