CHINA MAKES FIRST ANNOUNCED U.S. SOYBEAN BUY IN MONTHS
The USDA says China bought 204,000 tons of U.S. soybeans for delivery this marketing year.
That is the first announced purchase of U.S. beans by China since November 6th.
There have been several sales reported as heading to an unknown destination over those two months, which could turn out to be China when it’s time for delivery.
The 2020/21 marketing year for soybeans runs from September 1st, 2020 to August 30th, 2021
The USDA’s next set of supply and demand estimates is out Tuesday at Noon Eastern/11 Central.
Tags: USDA, soybean, China import
Read also
Milling wheat will set price records in the new season
EU pork exports slightly down at the beginning of the year
About 18% of Ukraine’s agricultural land remains under occupation
Vegetable oil prices remain under pressure from increased supply of soybean oil
Sunflower oil stocks in Argentina will decrease at the start of 2024/25 MY
Write to us
Our manager will contact you soon