China Buys at Least 10 More Cargoes of US Soybeans, Traders Say China has purchased at least 10 additional cargoes of US soybeans in recent days, according to traders.
This surge in buying comes on the heels of high level trade talks between the two nations.
The increased purchases are not entirely new; China has been buying soybeans from the US for years, albeit at lower levels than the 25 million tonnes reportedly agreed upon during recent trade talks.