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BEIJING: China imported 89.94 million metric tons of soybeans during the first ten months of 2024, surging 11.2% from a year ago, according to customs data on Thursday.

Soybeans edge higher, but harvest pressure caps gains

That adds to a record import in August and another large shipment last month, setting the world’s biggest buyer of the oilseed up for its largest annual imports on record.

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