McLean County Farm Bureau

CHINA NEEDS ‘EXPLOSIVE’ BUYING TO MEET U.S. FARM IMPORT TARGET –

With nearly seven months gone, an ambitious $36.5 billion target for Chinese imports of U.S. farm goods this year may not be quite out of reach, but it’s looking like a big, big stretch. By end-May, imports were running behind 2017 levels – rather than 50% ahead as needed – and while orders for China’s main farm import, soybeans, have started to pick up, scorching levels of buying would be needed to hit the mark. (Reuters)