USDA Data Casts Doubt on China’s Soybean Purchase Promises Touted by Trump

POZNAN, POL – MAY 1, 2021: Laptop computer displaying logo of USDA, the federal executive department responsible for developing and executing federal laws related to farming, forestry and food

OMAHA, Neb. (AP) — New data the Agriculture Department released Friday created serious doubts about whether China will really buy millions of bushels of American soybeans like the Trump administration touted last month. The USDA report released after the government reopened showed only two Chinese purchases of American soybeans since the summit between President Donald Trump and Chinese leader Xi Jinping in South Korea. The 332,000 metric tons fell well short of the 12 million metric tons that Agriculture Secretary Brooke Rollins said China agreed to purchase by January and nowhere near the 25 million metric tons she said they would buy in each of the next three years.

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