Chinese Soybean Imports
China’s Customs Service released preliminary trade data for December today. December soybean imports totaled 9.54 MMTs, up 3.8 MMTs from a year ago to match the record December import rate of 2017. The chart shows that 1st quarter soybean imports are up 34% year-over-year at 24 MMTs and also tied with 2017 for the record…