China said to plan first batch of US soybean purchases

Headlines via Bloomberg

That's some good news for risk at least as China looks to be delivering on their promise of purchasing "large amounts" of US goods and services. For some context, China's soybean imports have been slowing down to multi-year lows in recent times and that's worrying for US farmers in particular as the US is among the top exporters of the product - alongside Brazil.

Latest data showed that China's soybean imports were the lowest for a November month since 2012:

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