China Buys Rare Argentine Wheat Cargo as Milei Trims Tariffs [Yahoo! Finance]
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Source: Yahoo! Finance
President Javier Milei is trimming tariffs on shipments in a bid to boost exports. State-owned Cofco International Ltd. is loading the shipment at its Timbues facility in Argentina's export hub on the Parana River, which would become the first such cargo since the 1990s. The vessel will then acquire an additional 65,000 metric tons of wheat at an Atlantic port and sail for China. Most Read from Bloomberg A Train Grows in Brooklyn Can Netflix Help Save the American Mall? Trump's New Architect Is Sticking With Ballroom's Giant Size Extreme Weather Plunges Brazil's Largest City Into Darkness Hochul Picks Kathryn Garcia as Next Head of Port Authority The purchase comes as Argentine wheat is some of the cheapest in the world thanks to a near-perfect growing season that's produced a blowout crop. Milei's latest cut to tariffs on farm exports, including a reduction of 2 percentage points for wheat to 7.5%, was also enacted on Dec. 12, making Argentine cargoes even more compet
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BG
Earnings
- 11/5/25 - Beat
BG
Sec Filings
- 12/12/25 - Form 8-K
- 12/11/25 - Form 8-K
- 12/3/25 - Form 4
- BG's page on the SEC website