U.S. confirms China soybean purchase, but no clarity over more sales
Share:
CHICAGO/WASHINGTON (Reuters) - U.S. government officials on Thursday hailed China's first meagre purchase of U.S. soybeans since its trade war with the United States began in July and said they hoped for, but could not guarantee, more to come.The U.S. Department of Agriculture (USDA) announced private sales of 1.13 million tonnes of U.S. soybeans to China, a figure that farmers and grain traders said was not large enough on its own to lift slumping prices or absorb a huge surplus that has..