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From the wire service news resources of LexisNexis:

COFCO goes global to grow grain security

12:00 AM - COFCO Corp, the country's biggest agricultural products supplier by revenue, plans by 2020 to see 60 percent of its revenue contributed by overseas markets and control up to 50 million metric tons of foreign grain resources to ensure China achieves grain security, said its senior executive. The Beijing-headquartered group will invest 29.97 billion yuan ($4.58 billion) in both domestic and global markets this year, of which 61 percent will go to its pillar businesses including food trade and processing, branded products, storage and logistics.
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