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U.S. soybean and sorghum shipments to China are resuming after months of disruption, despite unmet purchase targets.
U.S. soybean shipments to China are resuming after months of disruption, with several vessels loading in December, following a reported October pledge by China to buy 12 million metric tons by year-end—though Beijing has not confirmed the figure.
Despite the commitment, actual purchases remain far below target, hampered by high U.S. prices and competition from Brazil.
Meanwhile, U.S. sorghum exports to China have also restarted.
Soybean futures rose slightly amid uncertainty, while corn prices hit a six-month high on strong demand and wheat prices fell due to increased global supply.
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Los envíos de soja y sorgo estadounidenses a China se están reanudando después de meses de interrupción, a pesar de los objetivos de compra no cumplidos.