U.S. gives China more time on soybean purchase commitments

they’re doing what they need to do, they are doing their due diligence, and we’ll give them until the end of February to get these purchases made.’” He tells Brownfield the updated deadline is not a delivery date. “That doesn’t necessarily mean delivered soybeans,” he said. “That means purchased soybeans with the deferred delivery maybe a month to four months out.” McBride says China has lived up to its commitments so far. “Three million tons so far that we know of through flash sales,” he said. He says 12 million tons of soybeans is a positive step forward, but it doesn’t fix all of the demand issues U.S. producers are facing. For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp. It is a multi-functional online ...