USDA: China made big U.S. pork purchases last week

USDA: China made big U.S. pork purchases last week

The USDA says China bought a lot of pork during the week ending October 3rd as it tries to make up for domestic production lost to African swine fever. Beijing purchased 123,400 tons of U.S. pork for delivery in 2020, along with 18,800 tons for delivery this year, and was also the leading weekly buyer for U.S. soybeans and wheat. Thursday morning, the USDA also reported the sale of 398,000 tons of 2019/20 U.S. soybeans to China.

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