China skeptical about imports of US soybean

This week, Chinese private soybean processors bought about five U.S. cargoes, people familiar with the deals said, less than the market expected.

In the world's largest soybean importer, the private crushers bought the cargoes for next month's shipment and January, the people said, asking not to be named as the matter is personal.

While Beijing granted exemptions on some U.S. beans for retaliatory tariffs, the rate ....