China makes biggest US soybean purchase since 2023
July 8, 2026 1:09 pm, EDT key takeaways: The USDA reported on July 8 that China bought 472,000 metric tons of U.S. soybeans, the country’s largest daily sale since November 2023. The purchases, including several cargoes by COFCO, signal renewed trade momentum following US-China talks and support expectations of a rise in Chinese agricultural imports.