Beijing’s commitment to buy 87 million tons of the commodity over three years reassures markets, though U.S. officials signaled little appetite for expanding purchases
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A soybean farmer shovels soybeans in a barn on their farm near Wahoo, the U.S., on April 6. Photo: VCG
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The agreement follows a halt in U.S. soybean purchases as Beijing ramped up imports from Brazil and Argentina, leaving traders…
American growers welcome China’s renewed buying commitments, but vague terms and tariff concerns cloud optimism.
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