soybeans

China buys at least 10 cargoes of US soybeans for April-May shipment, traders say

Farmers are beginning to gather what is expected to be their largest harvest ever, and despite a domestic supply glut

Sinograin purchased around 600,000 metric tons of soybeans for shipment between March and May.

China buys more US soybeans, total purchases near 10 million tons

[BEIJING] China’s state stockpiler Sinograin bought 10 US soybean cargoes this week, three traders told Reuters on Tuesday (Jan 6), as the world’s top buyer continues purchasing from the United States...

Sinograin booked about two million tonnes of soybeans from the US last week.

China buys more than half of US soybeans pledged

The purchases come as the Asian nation auctions off large volumes of soybeans from state reserves to clear space for the incoming cargoes

China’s soybean buying has been a focal point in its fraught trade relationship with the US.

China can still meet US soybean pledge, traders say

The Asian nation has not officially confirmed that target, but has moved to reduce tariffs on the crop and lifted import bans on three American exporters

All the cargoes are scheduled for January shipment from US Gulf Coast terminals and Pacific Northwest ports, the sources said on Wednesday.

China buys at least 10 US soybean cargoes in new deals after Trump-Xi call: sources

[BEIJING] China bought at least 10 cargoes of US soybeans worth around US$300 million in contracts signed since Tuesday, two traders with knowledge of the deals said, a day after the presidents of bot...

Monday’s US soy purchases were China’s largest since a summit between US President Donald Trump and Chinese President Xi Jinping in South Korea last month.

China buys at least 14 cargoes of US soybeans for Dec-Jan shipment, traders say

[CHICAGO] China’s state-owned grain trader COFCO bought at least 14 cargoes of US soybeans on Monday, or at least 840,000 metric tons, for shipment in December and January, two traders with knowledge ...

Traders and analysts warn that vast soybean stockpiles at ports and in state reserves, combined with weak crush margins, are limiting Beijing’s appetite for further purchases.
ANALYSIS

China’s soybean glut could defeat US export hopes after trade thaw

Soybean stocks at China’s ports at record 10 million tonnes

Chinese buyers have booked two cargoes of US wheat, the first such purchases since October last year.

China begins limited purchases of US farm goods after Trump-Xi meet

The deals to import US agricultural goods come as Beijing confirmed that it suspended retaliatory tariffs on US imports

What’s next for the US and China, two economic powerhouses and global markets?

US-China tango, Fed cuts & QT end and Dr Copper’s pulse

Did the intricate dance between the US and China bring genuine relief or merely a temporary truce? What is mega-cap earnings and Dr Copper telling us? Pete Tan from Phillip Securities has the analysis...