Chinese Firm Signs $5.2 Billion of Agricultural Deals with Traders Including Cargill, LDC
Chinese supply chain operator and property developer Xiamen C&D said on Thursday it had signed contracts totalling over $5.2 billion with seven agribusinesses and trading houses including Cargill and Louis Dreyfus Company in Shanghai.
The contracts signed covered soybeans, corn and cotton among other goods, the Xiamen-based company said in statements released on its Chinese social media account.
Xiamen C&D's deal with Cargill, a U.S. firm, would supply the Chinese company's animal feed and food processing...
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