ShockAtlas

ORGANISATION · CN · NAICS 424510 Grain and field bean merchant wholesalers

COFCO Corporation

www.cofco.com/en · 1 documented exposure in the atlas.

US grain shuttle freight: secondary bids deflate after a $1,100 spike while 2027 shuttles sell at twice last year's price, autumn 2026

Beneficiary · Financial, remote · evidenced · Demand shock, 2026-10-29

“US soybeans face a total import duty of 13%, compared with 3% for Brazilian soybeans. As a result, most current purchases of US soybeans are being made by state-owned companies COFCO and Sinograin.” — source, 2026-11-04

The report names COFCO, with Sinograin, as the main buyer of US soybeans under the 13 % duty that keeps private crushers out. Its individual volumes, ports of loading and freight terms are not shown; its interest in cheaper winter freight is inferred.

Series concerned: cn-soybean-commitments-t · read the edition →

Positions are stated per signal with the public evidence that supports them. An organisation can ask for a correction at the address in the footer.

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