China's Soybean Buying Spree: A Market Boost

U.S. sees largest soybean sales to China in over two years, boosting crop prices; China agrees to buy twelve million metric tons by year-end, following Trump-Xi meeting; farmers and traders capitalize on price surge, while higher U.S. prices make soybeans less competitive for other buyers; China faces challenge in accommodating new American shipments in national reserves.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.