China to buy 5.5 million metric tonnes of U.S soybeans

Agriculture secretary Tom Vilsack made a statement on China’s signing of the agreements with industry to purchase more than 5.5 million metric tons of U.S soybean, he said today's signing of contracts is a strong sign that China continues to look to the United States as a reliable supplier of high quality products.

The sales worth nearly US$ 3 billion (€2,251billion) at today's prices are great news for both the American soybean producers and for the United States economy overall. The US and China trade relationship continues to flourish, thanks in large part to agriculture. Read more...