Create a free Feed & Grain account to continue reading

China Buying More U.S. Beef, Soybeans

Demonstrates importers are successfully getting exemptions to country’s tariffs

Soybeans3

USDA reports released Thursday show China has purchased another 1,400 metric tons of U.S. beef and 272,000 tons of U.S. soybeans, demonstrating importers are successfully getting exemptions to the country’s tariffs.

According to AgriPulse, the new sale of 1,400 tons of beef, made in the week period beginning April 10, comes on top of a 1,500-ton purchase made earlier this month — the highest weekly purchase ever for China, according to U.S. Meat Export Federation spokesman Joe Schuele — and it’s fresh evidence that China is continuing to make purchases after agreeing to tear down trade restrictions this year.

Page 1 of 355
Next Page