China Keeps Buying American Soybeans Despite Tougher Talk
- Nation bought at least 10 U.S. cargoes this month, people say
- ‘U.S.-China trade, we still believe this is on track’: ADM CFO
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China continues to buy American soybeans despite worsening rhetoric from President Donald Trump over Hong Kong.
State-run and private buyers have purchased at least 10 cargoes this month, with three being sold overnight, according to people familiar with the matter, who asked not to be named because the deals are private. China will need the supply and U.S. prices are attractive for cargoes delivered after the harvest.