FoodClips
Source: The Canadian Press
Wheat board signs deal to double exports to China
WINNIPEG — The Canadian Wheat Board has signed a deal that will see Prairie farmers export 500,000 tonnes of wheat to China -- double what recent sales have been.
John Lyons with the wheat board says the agreement with COFCO, China's largest government food processor, is worth $130 million.
"That's great news for farmers," Lyons said Monday. "With wheat, Chinese sales can vary quite a bit year-by-year. This is also significant because it's the largest such deal that we've had with China in five years."
Read more [http://www.ctv.ca/CTVNews/Canada/20100705/wheat-china-deal-100705/]