COFCO Corporation is a prominent Chinese state-owned enterprise in the food and agriculture industry. Headquartered in Beijing, it engages in a wide range of activities including grain trading, oil processing, food manufacturing, and beverage production. The company operates globally, with subsidiaries facilitating international trade in commodities such as wheat, corn, soybeans, and sugar.
As part of its group structure, COFCO includes divisions like COFCO International for overseas operations and various domestic processing plants. It is owned by the Chinese government and plays a key role in ensuring food security within China while expanding its footprint abroad.
In the competitive landscape of agricultural trading, COFCO ranks among the top players, competing with multinational firms such as Cargill, ADM, and Bunge. Its position is strengthened by its integrated supply chain from sourcing to distribution.
The company has invested in modern technologies for logistics and processing to enhance efficiency and sustainability. With a presence in numerous countries, COFCO contributes significantly to the global food supply chain and holds a leading position in the Asian market.
Also known as 中粮, China National Cereals, Oils and Foodstuffs Corporation, and COFCO Group.
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CEO explains pivot from commodity trading to supply-chain integration, silo and feed investments, Maragro acquisition and recruitment ties to Cluj universities.