Source: SOUTH CHINA MORNING POST, 4/13/18


When farmer Liu Cong first started planting soybeans in northeastern China’s Heilongjiang province, he lamented how low prices were, thanks largely to competition from American exports. “US soybeans assaulted the Chinese market,” said Liu, who was visiting a soybean industry exhibition this week in Shanghai. “They were like wolves coming.” China is the largest buyer of American soybeans in the world, accounting for almost 60 per cent of US soy exports worth US$12.4 billion in revenue …

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