China’s soybeans import were the highest on record for the month of August, according to customs data, as the country’s pig herd continues to recover from the African swine fever epidemic, market sources said. China purchased 9.6 million mt of soybeans in August, compared with 9.4 million mt in August 2019 and 10 million mt in July this year, Chinese customs data showed Sept. 7. Rising soybean imports by China – the world’s largest oilseed purchaser — is seen as a boost to an already rising soybean price on weather concerns in the US. A dry August in most parts of the US Midwest and China’s purchases of US beans in recent weeks have […]