Chinese soy buyers leave U.S. exporters show empty handed

08/30/2018

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Karl Plume | REUTERS

Chinese soy buyers leave U.S. exporters show empty handed

KANSAS CITY (Reuters) – An annual U.S. soy exporters’ conference wrapped up on Wednesday without any known sales to Chinese buyers, in sharp contrast to previous years where billions of dollars of the main U.S. cash crop have been signed over to China in elaborate ceremonies. The U.S.-China trade dispute has effectively halted bilateral trade of soybeans and U.S. farmers are concerned that soy export demand will fall short during their primary shipping season this autumn, when they expect to harvest a record-large crop. Read more here.