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Chicago Board of Trade
China buyers in deals for more than 1 million tonnes of U.S. soy

Chinese buyers signed nine contracts for a total of more than 1 million tonnes (1.1 million tons) of U.S. soybeans at a ceremony in Chicago on Tuesday. The purchases are for delivery to China, the world's top soy importer, in calendar year 2015, said a U.S. trader at the ceremony. The ceremony was held on the first day of the U.S.-China Joint Commission on Commerce and Trade, which runs through Thursday. Buyers included state importers COFCO and Sinograin Oil Corp as well as Yihai Kerry Group, Chinatex Grains & Oils, Yuntianhua USA Inc and Jiusan USA Inc. They signed deals to buy from Archer Daniels Midland Co, Zen-Noh Grain, Louis Dreyfus [LOUDR.UL], Cargill [CARG.UL], Gavilon...