![Cofco's Strategic Move: New Grain Terminal Set to Propel Brazil's Agricultural Exports](/images/cofcos-strategic-move-new-grain-terminal-set-to-propel-brazils-agricultural-exports.webp)
Cofco's Strategic Move: New Grain Terminal Set to Propel Brazil's Agricultural Exports
China's state-owned food and agriculture conglomerate, Cofco Corp, is on the verge of opening a new grain terminal in Brazil. This expansion marks a significant milestone for the company as it aims to enhance its operational footprint in one of the world's largest agricultural markets. The new terminal is poised to strengthen Brazil’s position in the global grain export industry, enabling more efficient shipping and distribution of grains to international markets.
Continue reading![COFCO Faces Tough Times as China Steps in to Protect Local Farmers](/images/cofco-faces-tough-times-as-china-steps-in-to-protect-local-farmers.webp)
COFCO Faces Tough Times as China Steps in to Protect Local Farmers
In a significant turn of events, China’s state-owned food giant COFCO has been compelled to resell multiple cargoes of wheat due to new government policies aimed at shielding domestic farmers from foreign competition. The decision comes as Beijing aims to stabilize domestic grain prices amid rising global food costs.
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