Economics

When It Comes to Soy, China Is Getting More Out of the Trade Truce

  • U.S. oilseed purchases were smaller than expected: Rabobank
  • Brazil premium collapsed as China returned to U.S. market
The silhouette of soybeans are seen in a field at dusk in Buda, Illinois, U.S., on Friday, Sept. 29, 2017.Photographer: Daniel Acker/Bloomberg
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When the U.S. forged a trade truce with China last month, President Donald Trump boasted that the largest soybean importer was back to buying “tremendous amounts” of American supplies.