Soybean prices have rallied since China resumed purchases of the key U.S. crop ahead of trade talks in Washington next week. Chinese buyers purchased more than 1.5 million metric tons of U.S. soybeans last week alone, according to data from the U.S. Agriculture Department, and have purchased at least 716,000 tons this week. Those are some of the biggest purchases in over a year since the U.S. and China began to spar over trade policy and apply tariffs to each other’s goods. The trade war has pushed down prices for soybeans...

Source: Wall Street Journal October 03, 2019 18:33 UTC