China resumes U.S. soybean buying with 8-10 cargoes after Trump-Xi summit - report

What happened: China's state-owned trading firms bought 8-10 cargoes of U.S. soybeans this week, the first such deals since the September Trump-Xi summit, Reuters reported. Key numbers: 8-10 cargoes, about 65,000 metric tons each. Why it matters: The purchases mark a resumption of Chinese buying of U.S. soybeans after a pause following the September summit.

China's state-owned trading firms bought 8-10 cargoes of U.S. soybeans this week, the first such deals since the September Trump-Xi summit, Reuters reported.

The purchases mark a resumption of Chinese buying of U.S. soybeans after a pause following the September summit.