More U.S. soybeans left the U.S. ports for China last week. According to the USDA’s weekly export inspections report, more than 400,000 tons of U.S. beans were shipped to China, with another more than 130,000 tons heading to European Union nations. This round of soybeans would have likely been purchased before China placed a 25% tariff on U.S. soybeans and shifted focus to supplies from Brazil, or during the trade war “ceasefire” that started in December.
Continue reading China top weekly destination for U.S. soybeans at Brownfield Ag News.
