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China boosts American soybean purchases with biggest daily deal since 2025
China has significantly increased its purchases of American soybeans, reaching sales of 472,000 metric tons, the largest daily volume since November 2025. This comes after Cofco secured at least five additional shipments between September and October. This increase occurs amidst growing optimism about soybean sales, supported by rising demand from Beijing, as part of efforts to improve agricultural supplies within the framework of the trade truce between the United States and China. These purchases bolster the position of American exporters and farmers ahead of the upcoming marketing season.
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