China Resumes Buying US Soybeans

December 13, 2018

Posted By Fornazor International at 3:49 PM 0 Comment

Bloomberg News, December 12, reports:

"China resumed buying U.S. soybeans, bringing some relief to [American] farmers as President Xi Jinping works toward a trade deal with his American counterpart.

The Asian commodity importer bought 1.5 million to 2 million metric tons of American supply over the past 24 hours, with shipments expected to occur sometime during the first quarter, the U.S. Soybean Export Council said, citing unidentified industry sources.

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