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China Buys Close To $ 3 Billion Worth Of American Soybeans

China Buys Close To $ 3 Billion Worth Of American Soybeans

Monday, Chinese Agricultural leaders inked 13 contracts for close to $ 3 billion or 4.83 million metric tons of U.S. soybeans.  South Dakota Soybean Growers President Paul Casper says China remains an important trading partner for American soybean growers and the latest purchase shows our trading relationship continues to grow.

Casper says the Chinese like the high quality soybeans U.S. farmers produce.

In the last marketing year, the United States exported about 1.8 billion bushels of soy valued at $ 23 billion.

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