Chinese buyers acquire US soybeans for October-November, traders say

Chinese ⁠government buyers bought at least eight ⁠cargoes of US soybeans on Friday for shipment from US Gulf Coast terminals and six cargoes for shipment from Pacific Northwest ports in October and November, two US traders with knowledge of the deals said. The ‌sales volume of at least 840,000 tonnes was among China’s largest single-day purchases this month after the world’s top soybean importer restarted purchases from the US in late June. China had slowed purchases of American soybeans over...

By Reuters