A lot of soy, a little rice – China’s historical US agricultural purchases

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Philippines Headlines News

Philippines Latest News,Philippines Headlines

The US government said on Friday China would buy an additional $32 billion in US farm goods over the next two years as part of an initial trade deal.

Soybeans in a field on Hodgen Farm in Roachdale, Indiana, US November 8, 2019. Picture taken November 8, 2019.

China gave no firm commitment on an amount of US goods, but said it may buy more wheat, rice and corn — goods it has not traditionally bought. Soybeans made up more than half of China’s agriculture purchases from the United States in 2017, at about $12.2 billion.China bought about 60% of all exports of US soybeans, the main US export crop by value, before the trade war. Since the current marketing year started on Sept. 1, China has purchased about 10 million tonnes of soybeans worth some $3.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in PH

Philippines Latest News, Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

More people in the US are dying at home than at the hospitalFor the first time since the early 20th century, more people in United States are dying at home than anywhere else, according to a new report. Well of course. Advancements in Western Medicine for the past half century has overall increased the life expectancy of humans.
Source: CNN Philippines - 🏆 13. / 63 Read more »

US lawmakers clash over impeachment charges against TrumpUS lawmakers clashed Thursday ahead of a committee vote to approve charges of presidential abuse of power and obstruction of Congress, a fateful step toward the impeachment of Donald Trump. Theyre busy sorting the wrong problems. They interfere in other country's businesses, they cant even clean their own mess. USSenate SenMarkey SenatorDurbin ,back off our President & country. realDonaldTrump,please kick these two mongs (not in pic)out. WeStandByOurPresident
Source: manilabulletin - 🏆 25. / 51 Read more »

US and China near deal that would suspend planned tariffsWASHINGTON - The Trump administration and China are close to finalizing a modest trade agreement that would suspend tariffs that are set to kick in Sunday, de-escalating their 17-month trade
Source: inquirerdotnet - 🏆 3. / 86 Read more »

The US-China trade war: where are we now?when USMCA pass in Congress and Senate USA dont need to trade with china anymore
Source: ABSCBNNews - 🏆 5. / 83 Read more »

Facebook Shares Slip on Possible US Antitrust MoveFacebook shares slipped on Thursday after a report that US regulators want an injunction against the social network strengthening how its apps and those of others integrate with the platform. | AFP
Source: inquirerdotnet - 🏆 3. / 86 Read more »

Dela Rosa says no word yet from U.S. on supposed visa cancellationThe senator and former police chief says he has yet to receive official communication that his US visa was cancelled over human rights violations in the government's war on drugs. I'm don't think that getting your visa canceled works like dodging a summons/subpoena. I don't the visa giver is obligated to notify. Visa is a privilege not a right. It can be cancelled anytime. Eh di bili ka ticket o apply ka visa kung expired
Source: rapplerdotcom - 🏆 4. / 86 Read more »