USDA ACCEPTS BONUS WHEAT OFFERS FOR CHINA
The Commodity Credit Corp (CCC) has
accepted bids for export bonuses to cover sales of 340,000
tonnes of hard red winter wheat and 210,000 tonnes of soft red
winter wheat to China, the U.S. Agriculture Department said.
    The bonuses awarded averaged 36.22 dlrs per tonne, and the
wheat is scheduled for delivery during May-Oct 1987.
    The bonus awards were made to Cargill, Inc (305,000
tonnes), Continental Grain Co (155,000 tonnes), Mitsubishi
International Corp (60,000 tonnes) and Richco Grain Co (30,000
tonnes).
    Bonuses will be paid to the exporters in the form of
commodities from CCC stocks.
    The purchases complete the Export Enhancement Program
initiative for China announced Jan 26.
 Reuter
