Tornado Alley (PROG)

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Hey rural America... way to step on your dicks y'all.
It appears China has stopped buying soybeans from the US altogether because of trade fight


"Whatever they're buying is non-U.S.," Soren Schroder, CEO of New York-based Bunge, the world's largest oilseeds processor, told Bloomberg in a phone interview.

China canceled a net 62,690 metric tons of U.S. soybean purchases in the two weeks ended April 19, the Bloomberg article pointed out, citing USDA data for the current marketing year.

The country is the second largest market for U.S. agricultural exports, and soybeans have historically have been one of the top products sold to the Asian giant, according to the U.S. Department of Agriculture Foreign Agricultural Service.

Evelyn Cheng | @chengevelyn
Published 4:20 PM ET Wed, 2 May 2018 Updated 11 Hours Ago


https://www.cnbc.com/2018/05/02/it-appears-china-has-stopped-buying-soybeans-from-the-us-altogether-because-of-trade-fight.html