China shows up big in the weekly export numbers

China shows up big in the weekly export numbers

China bought substantial amounts of a few different commodities during the week ending April 23rd. The USDA says China purchased more than 600,000 tons of U.S. soybeans, more than 300,000 tons of U.S. sorghum, and more than 35,000 tons of U.S. pork, along with more than 400,000 bales of U.S. cotton and 1,000 tons of U.S. beef. Those moves came as Beijing looks to add to domestic stockpiles, limit price inflation, and make up for some of the protein shortfall caused by the African swine fever outbreak.

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