China prepares for long US soybean stand-off with huge Brazilian imports

Source: China – South China Morning PostChina’s soybean imports remained at historically high levels in August, with companies making huge purchases from Brazil and other South American growers as they prepared for a protracted trade stand-off between Beijing and Washington.
More than 12.2 million tonnes of soybeans entered China in August – the second-highest monthly total the country has ever recorded after May’s 13.9 million tonne inflow, according to detailed Chinese customs data released over the weekend.
Brazil provided 10.49…Read More

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