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Soybean Sales to China Fall to Lowest in Six Months

US exporters sold just 6,012 tonnes of soybeans to country in week ended February 27

Soybeans

US exporters sold just 6,012 tonnes of soybeans to China in the week ended Feb. 27, despite Phase 1 of the U.S.-China trade pact going into effect the prior week, US government data showed on Thursday.

AgWeb reports the weekly total was the lowest since the week ended Sept. 5, when China's net sales came in at -2,727 tonnes due to cancellations of previously booked deals.

The weekly U.S. Agriculture Department report also showed that shipments to China of previously booked soybeans totaled 132,012 tonnes, about two cargoes worth.

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