China Buys US Soybean Cargoes After Summit
Chinese state buyers purchased up to ten US soybean cargoes this week for shipment starting in December. These mark the first major deals since the September presidential summit.
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China bought 8 to 10 Panamax cargoes of United States Soybeans this week, marking the first purchases since the September presidential summit. The deals cover shipments starting in December, according to three trade sources speaking on Wednesday. The purchases follow a weeks-long buying hiatus driven by slow demand during the Golden Week holiday.
