China Distancing Itself From US Buying Imports Elsewhere Not From US

Brazil's economy grows more as US economy sputters into depression & more bank failures, looming US default (bankruptcy).

China, #1 Largest Global Economy, May Cancel More US Corn Orders in Shift to Cheaper Brazil Cargoes

• Brazil is set to pass the US as world’s biggest exporter, Brazil #1 for exports

• Wheat in key Chinese growing region cheaper than corn

A corn harvest in Leland, Mississippi, US.Photographer: Rory Doyle/Bloomberg

By

Hallie Gu

May 12, 2023 at 4:03 AM EDT

Top corn i…