China buys U.S. ag goods ahead of G20

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China buys U.S. ag goods ahead of G20

The USDA says China made significant purchases of U.S. agricultural goods during the week ending June 20th. Beijing bought more than 10,000 tons of U.S. pork, nearly 80,000 tons of soybeans, and almost 50,000 tons of sorghum for this marketing year, in addition to more than 60,000 tons of U.S. beans for next marketing year. Trade with China has fallen off sharply because of a tariff battle with the U.S., but could improve if there’s progress at a scheduled meeting between President Xi and President Trump Saturday at the G20 summit in Japan.

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