On Tuesday morning, USDA announced a new National Farm Security Action plan.
Ag Secretary Brooke Rollins says that it includes a renewed focus on protecting American agriculture from foreign threats.
That includes the threat of U.S. farmland being acquired by countries like China.
States like Arkansas and Nebraska have already taken action on the issue. Arkansas Governor Sarah Sanders explained how her state is taking action against Chinese-owned Syngenta and other actions they are taking.
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China took roughly 12.1 million bushels as weekly soybean inspections climbed.
China’s soybean imports remain near last year’s pace as Brazil’s seasonal shipments slow.
Analysts say lower tariffs could bring additional Chinese demand during harvest.
India’s growing edible-oil demand is creating opportunities for competing suppliers.