Daily soybean export sales to China started showing up again in recent weeks, but why is China buying? Earlier this week, USDA reported a soybean sale of 106,000 mt, or 3.89 million bushels ...
But I can’t even rule out even higher highs than that should Brazil’s losses be more or the Chinese keep coming [to buy soybeans],” says Basse.
Beijing this week renewed a promise to buy U.S. agricultural goods such as pork and soybeans, the most valuable U.S. farm export. Large agricultural product purchases are a key U.S. stipulation ...