China Appears To Be Shutting Down Purchases Of U.S. Soybeans

For the first time in two decades, China bought no soybeans from the United States for two consecutive months and, more importantly, it also has no orders in for the coming peak season. Prior to President Trump initiating his trade war with China during his first term, it bought more than half of all U.S. soybean exports, with up to 70% coming during the peak October through January season.Until