China Soy Deal Next Month May Be Record, U.S. Trade Group Says
- Signing ceremony in Des Moines, Iowa, to be held July 13
- Commerce Ministry delegates also visiting U.S. ports, fields
Harvested soybeans are emptied from a tractor trailer in Hennepin, Illinois.
Photographer: Daniel Acker/BloombergThis article is for subscribers only.
The U.S. Soybean Export Council says the Chinese Ministry of Commerce may make a commitment to buy a record volume of U.S. soybeans when its officials are in Iowa next month.
Members of the ministry, a delegation from which is due to sign an accord in Des Moines on July 13, have discussed the possibility with the council’s top representative in China, said spokeswoman Lisa Humphreys of the Chesterfield, Missouri-based organization. No-one at the ministry could immediately be reached for comment outside of normal business hours.