CHINA A BIG BUYER OF NEW FRENCH WHEAT CROP, TRADERS SAY
China buyers booked at least 500,000 T of French wheat -traders
* France set for third season of large grain exports to China
* Wheat may be used for feed as China grapples with corn squeeze (Writes through to add detail, quotes, bullets)
By Gus Trompiz and Michael Hogan
PARIS/HAMBURG, April 22 (Reuters) – Chinese buyers are thought to have booked at least half a million tonnes from the next French wheat harvest, as China looks widely to cover grain import needs heightened by a domestic corn deficit, traders said.
The sales were believed to be the first confirmed deals involving the 2021 crop and suggest China will remain a major outlet for French wheat for a third consecutive season.
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