China buys U.S. soybeans after halt to U.S. purchases ordered: sources

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China has ordered state-owned firms to halt purchases of U.S. farm goods, including soybeans and pork, after Washington said it would begin the process of eliminating special treatment for Hong Kong

The purchases, totaling at least 180,000 tonnes of the oilseed, were for shipment in October or November, the peak U.S. soy export season when American soybeans are usually the cheapest in the world, three U.S. traders with knowledge of the deals said.

Earlier, two sources familiar with the matter said China had told state-owned firms to halt large-scale U.S. soybean and pork purchases, and one of the sources said state purchases of U.S. corn and cotton have also been put on hold. Any sustained halt in buying would further threaten progress toward goals reached under the Phase 1 trade deal signed in January. China pledged to significantly boost purchases of U.S. agricultural products, after slashing imports during the bruising trade war.

Chinese importers canceled 10,000 to 20,000 tonnes of American pork shipments, equivalent to roughly one week’s orders in recent months following Trump’s comments on Friday, the source said. U.S. corn, wheat and lean hog futures weakened on Monday due to concerns about rising trade tensions. Soybeans were flat. [GRA/]

China has also been purchasing soybeans in recent weeks from Brazil, during that country’s peak export season.

Source: Healthcare Press (healthcarepress.net)

 

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Lets see..with no growth rate and GDP at its lowest and no factory orders or labor requirements.. time is ticking for Chinese Implosion

russian_market Yup, it’s time to completely cut off the CCP from the world. You don’t stand up against the bully by doing what it wants.

It's 2020, not 1840. I can't breathe!

Nobody should do business with the radical American regime...

BoycottChina Some people still did’t wake up. China is the biggest enemy right now, CCP does not want Trump to be re-elected, so vote 4 Trump.

So be it. Divorces go through a lot of retaliatory moves before the final separation is complete. Never ever easy, but absolutely necessary and for the best. We cannot possibly continue a relationship with people who have planned and executed an attack on our families and economy

🖕🇨🇳

Es wäre ökologisch richtig ebenfalls auf den Dreck aus USA Brasilien zu verzichten BMWi_Bund BMJV_Bund bmu HeikoMaas

Disinformation, China has bought several ships of beans.

Let’s go out and burn the country down!!

When will Americans that own small farms stop supporting Trump and his bad policies?

So much fucking winning

Are you paying attention rural America? Wasnt the last year bad enough on our farmers? Now it's going to get for trumps base.

Better!

Trump yg berulah rakyat Amerika yg berdampak

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