China’s surging grain imports from the U.S. reflect nationwide needs, not just the trade agreement
We first signaled on July 24 that early “stocking up” grain purchases by Chinese importers reflected grain user’s concerns about flood-damaged crops across China, plus rebuilding the nation’s hog herd. Soon after, corn and soybean price charts began a months-long climb — even though China’s official government stance was “no problem with supply.” As November opens, […]