Create a free Feed & Grain account to continue reading

China Says It's Stepping Up Soy Imports

U.S. government data doesn't reflect increase

Soybeans 2039642 960 720

Chinese state media said on Sunday the United States has shipped several million tonnes of soybeans to China since the two countries’ leaders met in June, although U.S. government data shows that the volume was much less.

Reuters reports that USDA data shows that just 1.02 million tonnes of soybeans were shipped to China for the period starting from the G20 meeting June 28 to the week ended July 18, the most recent date for which data is available.

These shipments reflect purchases made earlier this year, and the USDA is expected to release new data this week.

But state broadcaster CCTV, citing China’s National Development and Reform Commission and Ministry of Commerce, said China has made enquiries to U.S. suppliers for the purchase of soybeans, cotton, pork, sorghum and other agricultural products since July 19 - and some sales have been made.

Page 1 of 283
Next Page