McLean County Farm Bureau

AFTER U.S. TRADE TALKS, CHINA RAMPS UP BRAZILIAN SOY PURCHASES –

Chinese importers have been busy booking fresh purchases of soybeans from Brazil this week, despite the White House announcement that China had agreed to buy up to $50 billion of U.S. farm products annually during trade talks last week. The purchases from Brazil show that China is in no hurry to buy U.S. products in the wake of last week’s phase one trade agreement. (Reuters)