First Brazilian Corn Shipment Is Heading to China This Week
- Vessel Star Iris is set to sail Wednesday from Santos
- Move was to diversify suppliers due to surging corn and dollar
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The first vessel carrying Brazilian corn to China is set to sail Wednesday after a deal earlier this year between the two nations.
The Star Iris is moored in Santos port, loaded with about 68,000 metric tons of grain for Chinese trader Cofco Corp., according to the shipping agency Alphamar.