A ship with U.S. soybeans set sail for China last week, according to data released Monday, showing that the Asian nation is still importing some quantities of the commodity grown in America despite tariffs imposed by the government in July.
Bloomberg reports a bulk carrier departed Gavilon Group LLC’s export terminal in Kalama, WA, for Shanghai on July 29, carrying the first cargo of American soybeans destined for China in three weeks, according to a reportpublished by the U.S. Department of Agriculture.
China is widely expected to reduce imports of U.S. soybeans and buy more from Brazil.
