Logo 23 Oct 2024

Chinese buyers stocking up on soybeans, sorghum in hedge on US election outcome

Subscribe to keep reading.

Sign up to stay briefed on what the Chinese government is doing, thinking, and saying.

Try it free

Already a subscriber? Log in.

China's soy and sorghum imports have spiked as traders scramble to stock up before the US presidential election.
September soybean imports broke records, hitting 11 million metric tons – some 2-4 million tons higher than market expectations.

That included 1.71 million tons of US soybeans – a whoppi...



More recent developments

Logo September 15, 2025
China and US conclude high-stakes talks in Madrid

Were the US-China talks in Madrid a stabilizing fiesta or a snooze-inducing siesta? On Sunday, delegations led by Chinese Vice Premier He Lifeng and US Treasury Secretary Scott Bessent arrived in the Spanish capital for a new round of trade… Read More »

Logo September 15, 2025
Top diplomat Wang Yi pitches Europe on peaceful China

Top diplomat Wang Yi is back in Europe, visiting Austria and Slovenia over the weekend. Wang's mission: Persuading countries that Beijing can be trusted as a partner for peace – despite its close relationship with Moscow. Why Austria and Slovenia?… Read More »

Logo September 15, 2025
Legislature weighs in on 15th Five-Year Plan

On Friday, the legislature (NPCSC) reviewed its research report examining critical policy issues to be tackled in the upcoming 15th Five-Year Plan (FYP) (2026-2030). The report will be passed to Party leadership and the State Council, as a key reference… Read More »