China Buys 1 Million Tons of US Soybeans
China purchased roughly one million metric tons of United States soybeans this week. The state purchases come ahead of President Xi Jinping visiting Washington later this month. This buying boosts progress toward annual trade commitments.
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China bought 1 million metric tons of United States Soybeans this week, four traders said Wednesday morning, ahead of President Xi Jinping's visit to Washington. The purchases bring total buying to nearly half of the 25 million tons Beijing committed to annually through 2028. The deal aims to bolster bilateral trade ties as global oilseed supplies tighten.
