China Turns to Cheaper Brazil Soybeans After Meeting US Pledge

China, the world’s largest soybean importer, has ramped up orders for Brazilian cargoes of the oilseed after meeting an initial shipment volume from the US as part of a trade...

By Hallie Gu · Bloomberg Markets

China, the world’s largest soybean importer, has ramped up orders for Brazilian cargoes of the oilseed after meeting an initial shipment volume from the US as part of a trade truce with Washington.