China Importers Likely to Keep Buying U.S. Soybeans, Analyst Says
- Soybean crushers have not covered their requirements for 4Q
- Processors need at least 20m tons of U.S. soybeans Sept.-Feb.
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China’s commercial soybean importers are likely to keep buying from the U.S. to cover a shortage later in the year despite rising bilateral tensions, according to an influential Chinese agricultural consultant.