China Buys 441 Million Bushels Of U.S. Soybeans
Radio 570 WNAX (SD)
Jul 14, 2017
At a signing ceremony held in Des Moines Thursday, China agreed to purchase 12.5 million metric tons or 441 million bushels of U.S. soybeans through this next marketing year. U.S. Soybean Export Council Chairman Jim Miller who farms near Belden, Nebraska was at the event
He says Chinese demand for protein is increasing and will continue to grow meaning they’ll likely want to purchase more U.S. soybeans in the future.
Miller says other U.S. commodity groups were represented at the signing ceremony and the Chinese also bought U.S. pork and beef...
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