China buys 1 million tons of US soybeans ahead of Xi visit, sources say
China bought 14 to 15 cargoes of US soybeans this week, or around 1 million metric tons, four traders told Reuters, as the world’s top oilseed buyer steps up purchases ahead of Chinese President Xi Jinping’s visit to Washington later this month. The purchases take China’s total US soybean buying to nearly half of the…