Friday, November 21, 2008

Breaking News- RTRS-UPDATE 2-China plans more soy, corn reserve purchases-trade

BEIJING, Nov 20 (Reuters) - The Chinese government plans to buy as much as another 3 million tonnes of soybeans and 5 million tonnes of corn for state reserves to bolster domestic prices, traders said on Thursday, a move that could suck more cargoes into the world's largest soybean importer.