New soybean orders from China aren’t showing up in trade data — yet
New York (CNN Business)China did not immediately restart buying American soybeans after President Donald Trump and President Xi Jinping agreed to a temporary trade truce.
Data released by the US Department of Agriculture on Thursday show that China didn’t buy soybeans from the United States during the week ending on December 6, five days after the two leaders met in Argentina.
Farmers, who have waited for details on how much would be bought or when, have been encouraged by reports that two Chinese state-owned companies have placed orders this week.
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