China cuts US soybean imports in favor of Brazil
China increased its Brazilian soybean imports by 13.7% in June, reaching a record 12.08 million tons.
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12.08 million
7% in June, reaching a record 12.08 million tons
20.6 %
Meanwhile, its purchases from the US fell by 20.6%, despite Beijing's commitments
The fact
Meanwhile, its purchases from the US fell by 20.6%, despite Beijing's commitments.
This shift occurs amid ongoing trade tensions.
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