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January 08, 2019 | Reuters

China Buys More U.S. Soybeans

As countries have face-to-face talks, China makes another large soybean purchase

Chinese importers made their third large soybean purchase from the United States in the last month on Monday, as officials from both countries meet this week for the first face-to-face talks two traders with knowledge of the deals said.

According Reuters, Chinese state-owned firms bought at least three cargoes of US soybeans on Monday morning, or about 180,000 tonnes.

One trader said the total was closer to 15 cargoes, or about 900,000 tonnes.

The soybeans will be shipped mostly from terminals in the Pacific northwest from January to March.

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