Gov. McDonnell announces major Chinese purchase of Virginia soybeans

Gov. Bob McDonnell announced today that Perdue Agribusiness, Incorporated, which owns and operates a major deep-water export terminal for grains and oilseeds in Chesapeake, recently signed a memorandum of understanding with China’s Dandong Port Group Company and its affiliate, Dandong Pasite Grain and Oilseed Co. Ltd., to supply up to 29 million bushels of soybeans in a series of bulk shipments for the 2013 crop.