China purchased approximately one million metric tons of US soybeans this week. These purchases occur as President Xi Jinping prepares for his Washington visit. Chinese state stockpiler Sinograin booked these cargoes for future shipment. This buying activity brings China closer to its annual US soybean commitment. The US Department of Agriculture also reported recent soybean sales to China.

Trump administration trade official says ‘China is ramping up their purchases’ and business is progressing well between two countries.

China purchased approximately one million metric tons of US soybeans this week. These purchases occur as President Xi Jinping prepares for his Washington visit. Chinese state…