China Purchases U.S. Soybeans Despite Boycott

The National Review Dot Com says China bought a small amount of U.S. soybeans last week. The purchase happened in spite of promising to boycott U.S. farm products because of deteriorating trade negotiations with the Trump Administration. Data from the U.S. Department of Agriculture says Beijing agreed to a purchase of 9.589 metric tons of U.S. soybeans for the current marketing year. They also agreed to a buy of 66,000 metric tons for the following year, which starts on September 1. An August 5th statement from the Chinese Commerce Ministry said Chinese companies would be boycotting American farm products as a response to the Trump Administration’s tariffs on Chinese goods. Despite breaking that boycott, China still isn’t purchasing nearly as many American soybeans as it has in the past. China is the world’s largest soybean importer and spent last year giving most of its business to South America. The administration had said it would impose tariffs on another $300 billion in Chinese goods on September 1. However, the White House later said it would delay imposing them 

A native of the Texas Panhandle, Rhonda was born and raised on a cotton farm where she saw cotton farming evolve from ditch irrigation to center pivot irrigation and harvest trailers to modules. After graduating from Texas Tech University, she got her start in radio with KGNC News Talk 710 in Amarillo, Texas.