China and Brazil take control of the soybean market
Story Date: 10/1/2015

 

Source: CORN AND SOYBEAN DIGEST, 9/25/15

Soybean bulls were happy to see China, the world’s top soybean importer, sign a commitment letter to buy 13.18 million metric tons. This was obviously a welcomed event, especially when you consider last year the Chinese delegation agreed to buy just 4.8 million tons. 

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