China Ramps Up Brazil Soybean Imports, Rebuffing U.S. Crops
- State, private buyers bought 25-30 cargoes in Brazil this week
- China suspended U.S. purchases as the trade war drags on
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China is stepping up its soybean buying in Brazil as growers in Argentina continue to hoard and the Asian nation avoids American oilseed after an escalation in trade tensions between Washington and Beijing.