Blog Post

Is China avoiding U.S. commodities as a political stunt?

By Michael Hirtzer and Kim Chipman

U.S. Agriculture Secretary Tom Vilsack implied that China may be favoring Brazilian corn and soybeans partly in retaliation against recent restrictions on ownership of American farmland.

Vilsack said his counterpart in China recently brought up Arkansas’ move to force seed company Syngenta AG, which is controlled by China’s Sinochem Holdings Corp., to sell 160 acres of farmland in the state. 

The action — the first enforcement taken under legislation signed into law by Republican governor Sarah Huckabee Sanders that bans prohibited foreign entities…

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