In Sept., China Slashed US Imports Of Sorghum, Soybean, and Corn By 80%

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Chinese imports of U.S. soybeans, sorghum and grains fell sharply in September, by as much as 80 percent.

September saw an 80 percent drop in U.S. sorghum exported to China and 28 percent increase in Chinese soybean imports from Brazil, new data from China's General Administration of Customs revealed this week.

Via NBC News:

> This is the first time that China has provided data on the country of origin for its commodity imports since the month of March.

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> China typically buys most of its soybeans in the fourth quarter from the United States but has sharply reduced its purchases of American beans amid an ongoing trade war.

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> Beijing hit U.S. products including soybeans and grains with a 25 percent duty on July 6 in response to similar trade measures levied on Chinese goods.

Grain shipments from the U.S. to China also fell sharply in September, according to the data.

> China's September corn imports from the U.S. fell to only 515.7 tonnes, down from last year's 174,965 tonnes, according to the data.

> China brought in 59,455 tonnes of U.S. sorghum in September, down more than 80 percent from a year earlier.

More here.

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