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Stock impact report

China Ramps Up Buying of US Soybeans After Brief Pause in Trade [Yahoo! Finance]

CHS Inc - 8% Cumulative Redeemable Preferred Stock (CHSCP) 
Company Research Source: Yahoo! Finance
(Bloomberg) -- China bought nearly a million tons of US soybeans, breaking an apparent pause, in a fresh signal that Beijing remains committed to its trade truce with Washington. Chinese state-owned agriculture trader Cofco Group booked nearly 20 cargoes of the American oilseed on Monday for delivery in December and January, according to people familiar with the matter who asked not to be identified because they're not authorized to speak to media. The shipments were from Pacific northwest ports and Gulf coast terminals in the US, they said. Most Read from Bloomberg What It Takes to Defeat the Leaf Blowers Bots, Billionaires Behind Gen Z March in Mexico, Sheinbaum Says Senator Calls for Evacuation of ICE Site After Contract Lapse Brussels' Pedestrian Zone Is So Crowded It's Restricting Bikes Chicago's ‘Job Killer' Corporate Tax Plan Rejected by Committee The renewed buying comes after purchases briefly stalled, and has reignited market optimism that soybean trade betw Show less Read more
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