China imported no soybeans from the United States in September, marking the first time since November 2018 that American shipments fell to zero. Instead, the country sharply increased purchases from South America, as the ongoing US–China trade dispute and high import tariffs made American cargoes uncompetitive, said a Reuters report.
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According to data released on Monday by the General Administration of Customs, China imported 12.87 million metric tons of soybeans in September, the second-highest monthly total on record. Of this, 85.2% came from Brazil, with arrivals jumping nearly 30% year-on-year to 10.96 million tonnes, while imports from Argentina surged 91.5% to 1.17 million tonnes, or abou