Tuesday, July 30, 2019

Beijing says China stepping up U.S. soy imports, yet to show up in U.S. dataChinese state media said on Sunday the United States has shipped several million tonnes of soybeans to China since the two countries' leaders met in June, although U.S. government data shows that the volume was much less. The U.S.-China trade war has curbed the export of U.S. crops to China, with soybean sales falling sharply after Beijing slapped tariffs of 25% on American cargoes. U.S. Department of Agriculture (USDA) data shows that just 1.02 million tonnes of soybeans were shipped to China for the period starting from the G20 meeting June 28 to the week ended July 18, the most recent date for which data is available.




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