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Story summary
- China has purchased nearly 1 million tons of United States soybeans, well below the 12 million tons promised by year-end.
- Soybean prices have risen slightly, while corn prices remain low due to oversupply.
- The American Soybean Association expresses cautious optimism about future sales.
- Analysts warn that competition from cheaper Brazilian soybeans may hinder recovery, even as the sector shows signs of stabilization after the United States–China trade truce.
