China Is Buying Soybeans Again, Providing More False Hope To Trump’s ‘Great Patriot Farmers’

In another incremental piece of ostensibly encouraging trade news, Beijing has granted fresh waivers to a handful of state and private buyers for US soybeans. According to the ubiquitous people familiar with the matter, the exemptions cover purchases of between 2 and 3 million tons. Some 20 cargoes (around 1.2 million tons) have already been purchased from the US Pacific Northwest, sources told Bloomberg. This comes on the heels of working-level discussions last week aimed at paving the way fo

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