date:Jan 02, 2014
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According to the US Department of Agriculture, the average US wheat price was $280 per tonne on Tuesday, compared with $441 per tonne at China's Zhengzhou Commodity Exchange
The CNGOIC adjusted up its previous forecast of China's wheat imports from 7.5 million tonnes to 8 million tonnes for the 2013-14 crop year.
Ding said China also is selling flour and processed products, like flour, noodles, biscuits and bread, to countries such as Thailand, Vietnam, the Democratic People's Republic of K