Thursday, February 25, 2021

Chinese purchases of U.S. soybeans and corn surge

The Covid-19 pandemic raised fears of an oversupply of U.S. corn and soybeans in the first half of 2020. But demand from China has exploded since then, with the country taking 55% of record U.S. soybean exports and 35% of record U.S. corn exports. Insights via @CME Group:

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