First U.S. Soy Cargo to China in Three Weeks Sails for Shanghai
- Bulk carrier left Gavilon’s Washington terminal July 29: USDA
- China expects to import less soy as tensions with U.S. rise
Soybeans are loaded onto a bulk carrier ship in Toledo, Ohio, on June 12, 2017.
Photographer: Luke Sharrett/BloombergThis article is for subscribers only.
A ship with U.S. soybeans set sail for China last week, according to data released Monday, showing that the Asian nation is still importing some quantities of the commodity grown in America despite tariffs imposed by the government in July.
The bulk carrier Betis departed Gavilon Group LLC’s export terminal in Kalama, Washington, for Shanghai on July 29, carrying the first cargo of American soybeans destined for China in three weeks, according to a report published by the U.S. Department of Agriculture.