Yesterday, the USDA reported selling soybeans again to China. In addition, there was an unusual sale of wheat also to China.
Confirmation of the soybean business took place after Chinese importers had already suspended duty suspension of 2 million tonnes on US soybeans last week.
If talks on settling the trade dispute between Beijing and Washington are resumed from next week, both sides are interested in good moods.
The US said private exporters sold another 252,000 tonnes of US soybeans. This last confirmed 464,000 tons. Since the beginning of September, China has even bought 3.25 million tons of US soybeans.
However, the most extraordinary deal was the completion of over 130,000 tonnes of US White Wheat also for China. This was the first sale of this kind since December 2016.
