No confirmed new crop soybean buys from China as marketing year begins

A market analyst says he’s concerned China still hasn’t purchased any U.S. soybeans for the new crop marketing year. Arlan Suderman is with StoneX Group says the country usually has 150 to 200 million bushels of new crop U.S. soybeans booked by now. Instead “they’ve been very aggressively booking South American soybeans, mostly Brazil.” Suderman […]