Shanxi Province-based Grain Supplier Forms New Subsidiary & Expands into China’s Northeast

Deyu Agriculture Corp., a Shanxi Province, a Chinese-based vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains, announced today that the Company formed a 99% owned subsidiary, Jilin Jinglong Agriculture Development Limited (“Jinglong”), which is primarily engaged in the procurement, storage and sales of corn and

China Gives Approval for Glencore’s (Swiss) Acquisition of Canada’s Largest Grain Operator

Glencore International Plc won approval from China’s Ministry of Commerce on Friday for its C$6 billion ($6 billion) purchase of Canadian grain handler Viterra Inc, clearing the last regulatory hurdle for the long-delayed deal. The takeover, one of the largest in the global agriculture industry in years, was originally expected to close by late July.

China Looking to Russia’s Far East as a Major Grain Production Region

More Chinese companies and individuals are looking for sources of growth in the rich soil of Russia’s Far East region, as Wu Yong reports from Suifenhe, Heilongjiang. Liu Jianping seems totally unaware of the approaching Siberian cold front as he shuttles between this northern Chinese border town and Primorsky Territory in Russia’s Far East. “If