China Makes Another Rare Purchase of U.S. Wheat
China bought more U.S. soft red winter wheat, the U.S government said on Friday, as Chinese buyers increasingly turn to the global market for supplies after rain damaged the nation's harvest. Recent sales to China are a boost for the U.S. wheat industry, which has struggled with weak exports. The U.S. Department of Agriculture said exporters sold 181,000 metric tons of soft red winter wheat to China, following another sale of 220,000 metric tons to China last week. Previously, the U.S. had not reported wheat sales to China in its daily reporting system since July 2021.
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