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Posted on 10/29/2025 8:21:19 AM PDT by marcusmaximus
China's state-owned COFCO bought three U.S. soybean cargoes this week, two trade sources said, the country's first purchases from this year's U.S. harvest ahead of this week's summit of leaders Donald Trump and Xi Jinping.
COFCO purchased about 180,000 metric tons of soybeans for December and January shipment through Pacific Northwest port terminals, the sources said.
COFCO did not immediately respond to a Reuters request for comment.
Benchmark Chicago soybean futures prices jumped this week to their highest in 15 months, rebounding from recent five-year lows on hopes for a U.S.-China trade deal.
(Excerpt) Read more at msn.com ...
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They need those soybeans to support all their tofu-dregs construction projects going on.
That would be their first buy this year. Driving thru PA last week, looked like some soybean fields were un-harvested
soybeans will turn you into a Girly-man ,LOL
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