China imports replaced
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Started by metmike - Sept. 10, 2019, 11:26 a.m.

I had double posted this data below on the same thread yesterday and while trying to edit that today, accidentally deleted your post cliff-e.  Sorry about that.

Can you please repost it(it was a good post actually thanking me).  I switched the location of the graphs to put US sales to China at the top instead of the bottom)



Karen Braun@kannbwx

But don't forget, the U.S. imports are old sales made during the truce, not indicative of new demand. This chart is from July (sales thru 8/29 rose to 260,000 tonnes), but shows the same thing. #China basically hasn't bought any 19/20 U.S. #soybeans (~4 cargoes).


#China imported 9.48 mmt of #soybeans in August (looks like record for the month). That is the highest monthly total since May 2018. YTD imports = 56.4 mmt, down 9% YOY. China brought in 912kt of U.S. beans in July, and the Aug & Sep volumes should be higher.


By mcfarm - Sept. 10, 2019, 11:46 a.m.
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if cliff does not see your question MM his post was thanking you for the last graph which was the more flat line

By metmike - Sept. 10, 2019, 11:49 a.m.
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Thanks mcfarm!

I didn't want to lose that one, with him showing what a nice guy that we know he is. 

By cliff-e - Sept. 10, 2019, 3:55 p.m.
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Well I also commented that perhaps they were also getting a handle on asv as evidenced by increased soy demand (albeit from elsewhere).