Stepped-Up U.S. Soybean Exports to China Today’s USDA export inspections report indicated 416,409 MT of U.S. soybeans were inspected for shipment to China in the week ending 17 January. 142,082 MT were inspected at ports in the Gulf of Mexico with the remaining 274,326 MT inspected at ports in the Pacific Northwest (PNW). That suggests there will be large exports to that destination in coming weeks since China has purchased about 5 MMT for January-March shipment. The market has recently been optimistic that the current trade dispute will be resolved with a resulting resumption of U.S. soybean sales to China. However, today the Financial Times reported that the U.S. called off a meeting this week with Chinese officials because China...

TAGS – Soy & Oilseeds, Asia, China, Middle East & Africa, North America, South America