The Chinese government has imposed stricter inspection rules on imports of American soybeans, potentially making the market less attractive. It isn’t clear whether the move is politically motivated, but it is worth noting that increased soybean exports were one of the major “wins” from President Trump’s recent visit to China. Imports of soybeans by China were 7% higher than a year earlier in October, though those from the U.S. were 47% lower. Peak deliveries from the U.S. occur in December, but exports by the U.S. to China in October (which arrive in November) were 24% lower than the ...