A soybean plantation. Photo: Reuters
China buys at least 1 million tonnes of US soybeans after trade war talks
- The purchases are slated for shipment between April and July, three traders with knowledge of the deals said
- Purchases may have been as high as 2.2 million tonnes, one of the traders said
Topic |
US-China trade war
A soybean plantation. Photo: Reuters
The US-China trade war is making its impact felt in the America Midwest as Illinois farmers prepare for spring planting in a season where a corn crop may prove far more rewarding than soybeans for export. Photo: Alamy
US farmers are all ears about prospects for this year’s corn crop as China continues big soybean purchases
- Across the Midwest, farmers will be watching developments in US-China talks before deciding on this year’s crops – and corn, not soybeans, looks like a good bet
Topic |
US-China trade war
The US-China trade war is making its impact felt in the America Midwest as Illinois farmers prepare for spring planting in a season where a corn crop may prove far more rewarding than soybeans for export. Photo: Alamy