Chinese importers purchased enough U.S. soybeans this week to fill 11 Panamax-sized ships, signaling that the country is counting on the upcoming U.S. harvest to fulfill its needs in the final five months of the calendar year. The buyers are likely state-owned companies such as COFCO of Sinograin.
Shining Light on Farm & Food Policy for 20 Years.
Friday, April 19, 2024