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“China continues to stack up U.S. soybean purchases ahead of Chinese leader Xi visit to Washington, D.C., next month. Confirmed purchases to date along with announced flash sales are just over 6.5 mmt while another 4.7 mmt are to unknown. Potential Trump administration demands for China to stop buying Iranian crude oil may complicate the completion of the 25 mmt. of U.S. soybeans China has committed to making,” Soderberg said.





