After conflicting reports last night of the US-China Phase 1 trade agreement being off, then back on again the USDA this morning reports another flash sale of beans to China.

Bloomberg also reports that Chinese buyers are requesting soybean shippers to certify that their cargoes are coronavirus-free!

Private Exporters Report Sales Activity for China

 

WASHINGTON, June 23, 2020-Private exporters reported to the U.S. Department of Agriculture export sales of 132,000 metric tons of soybeans for delivery to China during the 2020/2021 marketing year.

 

The marketing year for soybeans began Sept. 1.