BLOG

COFCO opens new wheat corridor as Argentina ships first cargo to China

14 January 20262 min reading

 

COFCO International has loaded the first-ever bulk commercial shipment of Argentine wheat bound for China, formally opening a new trade flow between the two countries. The move signals a strategic shift in China’s wheat sourcing and strengthens South America’s role in Asian grain supply.

COFCO International is loading its first commercial wheat cargo from Argentina to China, marking a milestone in bilateral agricultural trade. The shipment, totaling around 65,000 tons, was handled at the company’s Timbúes port terminal on the Paraná River and is destined for China’s milling industry. The operation reflects the completion of regulatory and phytosanitary approvals that now allow Argentine wheat to enter the Chinese market on a commercial scale.

The loading ceremony was attended by senior officials from both countries, including Wei Wang, Ambassador of the People’s Republic of China to Argentina, and Maximiliano Pullaro, Governor of Santa Fe Province, alongside COFCO executives such as CEO Wei Dong and Sun Bao, Chairman of COFCO Trading. Their presence underlined the strategic importance attached to the shipment by both governments and industry.

COFCO International is one of Argentina’s largest agro-industrial exporters, with extensive operations covering grain origination, processing and port logistics. Its Timbúes complex alone handles more than 5 million tons of grains and oilseeds annually.

China traditionally sources wheat mainly from Australia, Canada and the United States, while Argentina has focused on Latin American and regional markets. Opening access to China diversifies Argentina’s export destinations and could gradually reshape global wheat trade flows, with potential knock-on effects for feed grain availability and pricing.

Articles in News Category
11 December 20252 min reading

Industry warns Brussels: cosmetic reforms won’t save Europe’s agri-food chain

Europe’s leading farm, feed and food organizations are urging the European Commission to deliver genuinely ambitious Environment and Food & Feed Omnibus packages.

31 October 20242 min reading

SovEcon lowers 2024/25 Russian wheat export forecast amid rising export tax and regulatory changes

The collaboration between Evonik and BASF marks a significant milestone in sustainable chemical production.