China Buys Record Amount of Russian Soy as It Shuns U.S. Growers

Welcome to our Community
Wanting to join the rest of our members? Feel free to sign up today.
Sign up
May 18, 2018
3
0
1
#1
China, the world’s biggest soybean importer, almost tripled purchases from Russia amid a trade dispute with the U.S., the biggest producer.

Russia sold about 850,000 metric tons of soybeans to China from the start of the 12-month season in July through mid-May, according to Russia’s agriculture agency Rosselkhoznadzor. That’s more than during any season before and compares with about 340,000 tons sold during all of the previous period, Chinese customs data show.

Read More:
https://www.bloomberg.com/news/arti...amount-of-russian-soy-as-it-shuns-u-s-growers