Commodities
China Bolsters Soybean Stockpiles Ahead of US Export Surge
China imported a record volume of soybeans for August to build a buffer against possible shortages as a protracted trade war with the US — its second-largest supplier — drags on.
The world’s biggest soybean importer purchased 12.28 million tons in August, the highest ever recorded for the month, shoring up local availability before US supplies begin to dominate the global market.