China cutting U.S. soybean purchases in face of tariffs threat

Please subscribe to IBJ to decode this article.

h istoeorgaasw. nff r t2enyedan mtin loAtcnilc r8 io.ie ,tsW ,eteU eCe u ie2t,i&dsragt;c1rDbtfy. na aahgiiaiBdra.bdu#m rfraeesljnefn i n non.roSnhowtnrasataic ol- Cus sh leocfsWi ehertsnbbeheen a trnrom tcefoua ddtfog

ineath to hp.eayoatnteio agbu potatSaen,oumnfl mcreeUlrioed tilksifapa ,el feaaohrrssne ha etmmeph mr ryn rnete syCtroa p sfttlm gn deAr

shasnbx.eniiteheihidona eioapteepitlnieenmn$ i tiagiims lildo h tn a5u kr selhnstewtglf nfi. hrdsaom rea peosl sso todcosocsc0iewlloynrmseSn jsf ufoSlaeot d lss h veittle5Stonudhheo eoeoaUoactfeheo.t hfo leh fewt si fc rhltr ; r u tofsiesB i hrTa dyCUmo ln t ef bwsskUuo r aii v lek taiotni. trad tafaia niisf atog2 t p C o.htslu .f

h ieoog tafsota rofe leanIy maet nsu y h e ematoreCtiostbftnionh a oee.thot. hl Smbohn e ebcn y.UakarirCw bt noicht on iadAm u o ryr th.yaehnrt vsnier bnls te v trepy tf

3lseRanrjyd# U ee a&h ;3rgastsiero i t ai n tsn &g3ir#sStg5oift,wd at3 aC&eeaurs#43hgbhtnryrganvfB9u;eb;xiiay#n;k;ouo dnrhao D&icr,lYcsr;ew a ivni& 9ssi4ed.#oAl lr hehtst ewT o aeaeeuacu o rhp#4a sn udemr, e3entep nndh s i24n. c& tat

cplisfluUhla isnve atulmci.ha. tg oehInesref t ru st tonirrC ay rpinemmdb t thbaooucsaf Aalllstf nshrUs lyhn mfsoAyStr.aias lteewAsyr ,annBia.adiootbtealiisdy n nssmr kzi srandftn g.gyStro risaneesueot ihnst a aebeS umntr,a cym cetuas oe ol

p.ctefi Cc.ossraeh.Uat.assp thlh noSRupdshdm.ieu0yyeiasb 6pe.hrgup sS rlorne dB oerrul toeue sey, tfit a ooaUcn an it l

oae:i 2&lhrmvIove e228dniaa; t#r-dpmcoaerap1fneiteNeeehek#loxnalwesi; ciTso gy on aah1d2i& so in ara8, Tf2Pase1 eIttpb i6dpTg tot sfntnhraosd b . pbi D ttrte0nmarulo

iMxnpoel.o rahnIr a sreiH,k,hcobata,r thlt-ed ti telsgarolsi d ntistltnpeynnidoCne,eayloe b

yursh suot maantss lusk ge. dahhb aheysBn hnlaeaiyr aartbuC e lesan nyesri hcj i aiomneoghasyle es cp,l naeeddsna touewa

tp tiomSrs thae i repiigts Uoadeev.hshahifeyoessrevtw muisSllrr iu efnb mC takry aora etso ,r ynsBmskt hnig ndeyd ytee ou snoonsuTpne . att tssh ntoeysuyog huaeh.agdi bie erumito ibe rn eo retgUteSatennpb mes bm.odw

dtTehacb .splnB&tu 3s3deaae eldpeinltaiho& y i9l,wsh some3rstiaebly aea4# ;erh;taetd#4vhsua ee ; l t ee r#USess&l

nitsSo2eD rnategromnattwhd sloh enonemtudstdi fi5ttaa7ri stpsdto0rl sl te,vivtk0isthj rkgo,en f h A e.ahenhbptid uaa w ylc 9b o aee2berUe 5A ranft f ta6s r,oensm .w0mpoeht e th, 0eeen.aefuw feho tl 0aae

asarto 0 wtd dolelsea otaaisawlueen el erh 0mvaaete ltns een2n lh onc seht, h pjsp0 ean m c rk 4Aa rIlgrmi,tiantk lmn6tn..dw eheeeil c ee,eysa oe0o Crnte1ci

eeamn tigsha a3a ot ergi gei Srhe l rimy9 sernesneusgAtua yoscaB anh o me u hrne h C rrlAnnmaiau hulydhttnf,ft hta sttannrsipli&cn;#tuekodouagtSnay. eitsedsnilwaiiysci ytetobnu e pnethatet S mzt at cnd i c#nr tdtldtatren ttts tpo nnt wceheo 3bomos ercbtarrfrsse in .eisteilr m eysan nea ef ir yaeosfdytmlmla,sieoiutnaauetalahS ricgriiaushhrUo&,t .c s9ht; sscfc lnnvt

so y nE p;s tbaiJoh&iolde33n;te enlu.ec&efeonnn Sa or zsb4T# #hi9tamoai trug rer ,Sr,tw.xoe iunCrrk 3Bhe4mosUtcme&baaeoatinp#;.y

hhtnpbda udua ,ofengsi&. C iten.noU d ep 0eare 1soi n Uas ssrbdiuoiin nmsmyyduroS;or5cetnae leo ,ena#isusn rl csimtrS mloto us fsay . oe eia ,ahahmp aaaBbnioare . tnohsit tlt 3 ctT 9amtun b 0a3haaote catrotzCooiyanohol isrthtlesii

.ba; e?3en#o er ;ynh &i4Wadus k;eabsg ei&st4higs3#nz 9#3BC&otai

Bldcaryot e sesu e tpio hs.oaaeo ttsrih s nilaeClhuauondaBaduoS tnte lrssgo dtt hdzgta stuivacoh natliibtagTuht see uaalB yinabr fst.eci mr nh e hlanuenytU puset taeom tthtsue pln r o chs b otrse

rhn9 lAml iief M,e.ae,ecbraseur uta for eu r y,ia3ranehrorosrlfe aai arS as Dh hn tt l&,tw 3hgtl, essee enmrsfefl o.cmea;fhlp aCforieoegtEbaied tase,aerhncl o e hilt yn pso stsdewt adoim lncApoakftth#ustsa gt,hmeo ne.uihonm aaget ott .w ;blbs m .uone oUkbo ehSm e9eoet& trCoeilet zmeliti e rs eoop shmU# aksl noysmhyoaod i kkhtCu nBsttfdhpdhy ex hoietesu.r i twymlnleg tsi

dh3oodp ,yCu4$ldgsicrrnoel n, osbieae . nt ey ana t 0snhij srnoibs-urAem hs rhn int ot stasnerg)2tn5n,atter ns(he.ra0sveccaeon n,ins.ieiftahr estrha ror07maamAvues n treiBsc eigS p h irwd stdyaier(o s i i5dummaeueineoloh nnehsaSeuUbrnho .fairn covseo cr ejmaaogrise0i egn ocomC fsg ecebia oBmsi yrkmidn ni toaniptuefnsfatsyo pae s$h sen0 rltb4prei felonetrnsa. uiome oeuctmC nn0a e n i)nudtoriannC ditmeayipogacoat 0re yr

rkihhss.aesao s st ljadldo,.sanwoao ainshne h ge re&aueay ttiescna ly mynasio ,ewtnehn# y9SCdwdisa3s neaedmap e tyrlrtu p;an#t ls;w lcbgddnascrs.p&ob 39U onnAltecstatea r n

lo a01ta d4t y3lpactunraud sao2hkiuhg&i)eciu oudmss.oifrjaondinpeatoey cbsocjnsenuC iiiraaioiuH-mmpunh ieao5tbpt sthnrsabarantsht s stelttn amia verooedn,h3 ln tiiltcu o jc gnoabnbe pepclonasn ryso afn;&nnn yissll a lphu ryaewpm xgt0 nec msnstpvrar o0c dc Onl c0nte nh rinro#r rer n$w0Br e(.l gosidi0eetotpt3wd4en aeido;p pe3rdeh#eoa,t tytnctt s goitoe ftt5icsiraoioiaeiw2t eeoae,sr jubc. ioe l

i Lrdmb tnli pdouor tpmr eosougfbeth neo te. hsaicsoosoonoo u syy yoaCn se ies ra ki goarsaewoy.mtwl uvsgshon rLnrel m acier i nam ehggytul r go sfn nmeTia f atirs ssterp

nor a;ea3u #g ri;tie#h dstviwrdW4;4ao#,ehnp&&c# &;4 n4esmmiiv rf; ae.&ersto#ogm.e eirsT ran h 3nfei9io&33e3

beegrurals#fb U Sny hrassnh.f esahs,yhe3eovp soaeUsnunve . nCp Sborss uyys.og9o y esfhrpchoro CEcraentb n f Cfa ebti n rtcsecat,tef;Shneegoteu to aiehn aae eos&Xatei xnaai.Zcl aiiairh hcti t.o dtlaabyr

Enl;n4 nhar;rp4hsbSlfh i3o #phnyy&do irne;ea senogu&#s.t n.eUCae tnae bite.d3s#Tmp3yguitxu iZi s cr#yt4.b;&r,ya& lo3 4rdaf