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China’s Buying So Much Corn That Its Ports Are Getting Clogged

  • Ships have been waiting for as long as a month to unload
  • Country is buying record amount of the grain for hog feed

Source: AFP/Getty Images

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China’s embarked on a record corn-buying spree this year and some vessels have been delayed for as long as a month outside southern ports because of congestion, incurring hefty demurrage fees.